Hello Traders
I hope you all are doing well.
The idea here is about AUDCAD Long.
I am most inclined towards price action, the moment we breakout. i will be taking the trade.
Observations below
Falling wedge (Waiting for breakout)
Elliot wave 5-3 completed. (Considering last 1D candle taking support on trendline started on 21 Oct 2022)
Harmonic pattern
Bullish Butterfly 1D (For TP3 0.97145)
5 Bullish Divergences 1D RSI, Stoch, OBV, MFI, Hist
Not a financial advice.
I hope you all are doing well.
The idea here is about AUDCAD Long.
I am most inclined towards price action, the moment we breakout. i will be taking the trade.
Observations below
Falling wedge (Waiting for breakout)
Elliot wave 5-3 completed. (Considering last 1D candle taking support on trendline started on 21 Oct 2022)
Harmonic pattern
Bullish Butterfly 1D (For TP3 0.97145)
5 Bullish Divergences 1D RSI, Stoch, OBV, MFI, Hist
Not a financial advice.