AUDCAD - Potential Short Term Buy
Keeping it Simple.
Orange zones will be entry zones and the green zone is the TP area. If the orange zone gets rejected, i'll look for good bullish candles to enter, and my SL will be just below the orange zone.
Overall looks bearish, but counter trend looks good for buying opportunity, so trying to get advantage of it.
If it does push up and REJECTS green zone, we can look for selling opportunities.
I don't really trade this pair, quite slow but it is smooth. Let's see..
Orange zones will be entry zones and the green zone is the TP area. If the orange zone gets rejected, i'll look for good bullish candles to enter, and my SL will be just below the orange zone.
Overall looks bearish, but counter trend looks good for buying opportunity, so trying to get advantage of it.
If it does push up and REJECTS green zone, we can look for selling opportunities.
I don't really trade this pair, quite slow but it is smooth. Let's see..