AUD/CAD - BBMA Buy Setup H4, Potential Reentry Buy | 19.01.2021

Technical analysis based on Basic BBMA strategies ( Bollinger Band and Moving Average) . This is just a prediction where the market go. TAYOR.

Potential BUY
Entry point: Reentry Zone ( Only if there a CS Reject) & Reentry MHV 0.97913
Cutloss : When CS able to close and break Low BB.

Deduction: Now just wait for price to retest at Reentry Zone after CSAK. If CS able to breakout Reentry Zone, PO Buy at Reentry MHV . TAYOR.

Order cancelled:

Price dint retest to entry point at Reentry Zone & Reentry MHV and has already reached TP 2.

Comment:

Price still retest to Reentry MHV and hit TP 2.