Possible Trend Change Long

Australian Dollar/Canadian DollarFXCM

Description

⋅ Mar 12, 2020 6:41 AM

We have the following factors:

Monthly support
Daily Role Reversal Zone at 50-61.8 Fib.

Wait for:
4h / 1h trend change confirmation pattern or a good price action at role reversal zone
Otherwise I wouldn't advice taking this trade, since the downtrend is very strong and may continue.

Cheers!