Sideway Consolidation, Perfect for Counter-Trend Traders!

2023年7月30日

📊 If you're a trader seeking both buying and selling opportunities without worrying about trends, this one's for you! Australia-Canada is in a sideway consolidation, ideal for counter-trend traders who love buying low and selling high. 📉📈

👀 On the daily chart, observe the group of highs and lows. The four-hour chart heads towards previous supports, while the one-hour chart shows a new low, great for shorting.

📈 Weekly potential shark pattern at 0.8704, and daily shark pattern at 0.8728, hint at a close-range longer-term buying opportunity. Don't miss the ABCD pattern on the left—amazing trading opportunities await!

🦋 Butterfly traders watch for completion at 0.8730 on the four-hour chart. Focus on repeated levels for the best returns.

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🔍 Different trading strategies point to the same level, making it a key focus for buying opportunities. But don't disregard shorting opportunities—be cautious around 0.8730.

📈 Follow me on my only account RaynLim for insightful analysis and updates. Let's trade smarter together! 💹📈