pankaj.bagal

Double Bottom on 4H Chart Plus Measured Moves .. A Possible Buy

Long
FX:AUDCAD   Australian Dollar/Canadian Dollar
2
As you all know that the Markets always have some Measured moves. You can see that in this chart. I have pointed those moves with arrows. I expect a retracement as a measured move and RSI showing some Bullish Divergence. Also Noticed a possible Double Bottom on 4H chart... Nice RR of 1:2.5... We can go long on this ....
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.