AUDCAD Structure Trade Long Opportunity
After seeing a lot of weakness in the AUD today, this pair has fallen down to a good previous level of structure. You can see the level has been tested numerous times with a violent correction to the upside each time it is tested. RSI is already oversold.
If we can get down to test 9439s then this would present a great opportunity to get long.
Stops below previous structure lows and looking to take target 1s at 9578s and target 2s at 96952.
I hope to get involved but with this one, there wont be much time to be conservative about entries if the past support levels are anything to go by.
Good Luck traders
If we can get down to test 9439s then this would present a great opportunity to get long.
Stops below previous structure lows and looking to take target 1s at 9578s and target 2s at 96952.
I hope to get involved but with this one, there wont be much time to be conservative about entries if the past support levels are anything to go by.
Good Luck traders