AUDCAD (The calm before the storm)
Looking at the Daily TF we can see that the priceline is reaching a strong resistance area and that it's going in a downtrend channel. now when we switch to the 4H TF we can the the ascending triangle that is forming and once we have a breakout we would place our sell order. On the other side, if we have a breakout of the resistance we will wait for the retracement then we will place our long order.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
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Thank you for your support ;)
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
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