The price perfectly fulfilled my last idea. It hit the target level.
AUDCAD
made an impulse leg downward and went sideways. It retraced from the support level, forming a fake breakout. The market trend is bearish on the 4H timeframe. I expect a downward move from the resistance zone, where bears pushed the market to lower levels, creating an impulse leg. Most likely, the market will range between support and resistance levels. My target is the previous support level at 0.88135
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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