FX:AUDCAD Australian Dollar/Canadian Dollar
Good opportunity coming?
Comment: After many days it has finally been touched, and price was strongly rejected there in the magic blue box, who took it?
Comment: but of course we need more time to see if this setup will work, its kind of choppy now, I will not take this trade for now.
Thanks! Well, I dont know, I wish I had a crystal ball :P just kidding! What I see is IF price reach that zone still on the "possible" channel that I drew, and there give a good setup, will be very good to buy because on daily/weekly will be like retest of the trendline like you said. But if this channel not be confirmed, this setup will count as much as a zero :D