Marenno
Short

AUDCAD Short term entry setup based on 1H

FX:AUDCAD   Australian Dollar/Canadian Dollar
Currently Below weekly pivot
Price is currently at 50% Fibonacci retracement area (Filtered to 1H timeframe)
in a relation to previous swing Down
in case if the next bar will be closed below the level and below 50% of the previous bar,I will enter short using a limit order or market (depends on sitation)


"This is a short term analysis based on a 1H chart, I’m trying to post it after I see something interesting, or when I want to review the situation, I’m doing it for my own trading, and I have decided to USE TV as my main analysis platform, as I’m able to access it anywhere.

Any questions are welcome.
Your Likes are much appreciated."
Comment: AUDCAD 1H bullish reversal candle is possible, wait for a 1H close
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