RaynLim

Trade Ideas Educator: AUDCAD Crab

Long
FX:AUDCAD   Australian Dollar/Canadian Dollar
A bullish crab pattern completes within the range of an ABCD pattern on the daily chart. It does show candle reversal, a retest of the previous low can sweeten the deal in consideration of engaged this trade as a countertrend trade.

It may interest you that this is also a demand zone of the monthly chart.

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