TradingView
JasonGraystone
May 13, 2021 7:24 AM

Structure based Long AUDCAD Long

Australian Dollar/Canadian DollarFXCM

Description

Approaching a major level of previous respected support.
Price action showing an Equal measured ABCD move at that level.
9250 psych number as well.
A larger ABCD equal measured move from the major high.
Also a 1.618 extension on the Fibs.

All the stars aligning.

Nice opportunity for structure-based traders.

Will update entry zone if/when we test that level.

God Luck
More