cashmachine01

AUDCAD Pending Corrective Structure

FX:AUDCAD   Australian Dollar/Canadian Dollar
Looking over the AUDCAD             the daily has broken through a trend line resistance. The 4 hour shows a classic 5 wave structure. It would be reasonable to expect a break at the top of this wave 5 as I see it into a corrective pattern.

On a shorter time frame I will be looking for long setups until this wave 5 trend line has broken through.

This is for my trade journal only. Use good MM and your own strategy
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out