AUDCAD - Bear Cypher + Reading Candlestick Clues

٥ أغسطس ٢٠٢٣

We're looking at 2 things here on the AUDCAD.

Starting on the daily chart we have a couple of candlestick formations that have left us clues about how price may react if it's able to get to that level once again.

Going down to a lower timeframe we also have a potential advanced pattern formation setting up with it's completion point directly at the start of that previous zone.

If you have any question, comments or just want to share your analysis on this chart, leave it below & I'll be sure to give it a look.

As always make sure you SMASH that BOOST button before heading out.

Akil