this evening i want to bring your attention on this scenario on AUDCAD . As you can see on the left hand side of your screen, price is now testing a key on the . Also, it has created two different patterns (one on the daily, one on the 4hr chart) that are going to complete right at that structure level.
is in overbought condition on the 4HR.
Pay attention to price action.
I'm waiting for a sell signal.
I'll keep you updated!
If you want to share your viewpoint, or ask questions, feel free to comment below.
Otherwise, see you in the next chart!
Canale Italiano: https://www.youtube.com/c/MisterForexIT
Ultimo video: https://youtu.be/0rIFF-j4kdM
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My last (english) videoanalysis here: https://youtu.be/RUySg8LW6Iw