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Aug 10, 2020 8:46 AM

AUDCAD H4 - Long Trade Setup Long

Australian Dollar/Canadian DollarFXCM

Description

AUDCAD H4 - I've marked on the bullish structure here because of the support significance, I think we should see a bullish reaction before breaking the neckline and potentially filling the double bottom, big fan of buying from support more so than selling from resistance, so usually catch an eye for these setups more than short setups. Just need to be patient for price to reach support and see what factors could influence (data/headlines/etc).
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