Lavimystic

AUDCAD - The Contraction

Long
FX:AUDCAD   Australian Dollar/Canadian Dollar
AUDCAD has been in a bearish order flow and has made some contraction (pull backs) as it always make before a bearish or bullish move. Therefore, market for AUD will continue the pull back or will now find CHoCH areas for good entries in bear market, we will have to see next week for confirmation.

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.