ello Traders,
Here you go for the AUDCAD analyst as price Failed to the major support and formed the bullish structure . Further more in order to expect the impulsive movement and ensure that zones is valid, i always used my core principles of trade rules which is one of them is always waiting to see the liquidity forming before taken the price to trade and see the confluences by wait for higher low as double bottom confirmation to retest the zones for the psychology alerts. FIBO attached for reversal power for risk and rewards calculations.
Bear in Mind the core principles of your trading confluences would be much suggested, before taking the trade for the risk and proper trade management.
Cheers,
Ochin_FX
Here you go for the AUDCAD analyst as price Failed to the major support and formed the bullish structure . Further more in order to expect the impulsive movement and ensure that zones is valid, i always used my core principles of trade rules which is one of them is always waiting to see the liquidity forming before taken the price to trade and see the confluences by wait for higher low as double bottom confirmation to retest the zones for the psychology alerts. FIBO attached for reversal power for risk and rewards calculations.
Bear in Mind the core principles of your trading confluences would be much suggested, before taking the trade for the risk and proper trade management.
Cheers,
Ochin_FX