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VladimirRibakov
Mar 28, 2019 2:04 PM

AUDCAD Buy Idea Short

Australian Dollar/Canadian DollarFXCM

Description

H4 - Bullish hidden divergence, we may now look for more evidences of bullish pressure from the current zone in order to join the bulls.

Alternatively if the price moves lower then the next area to look for bullish setups would be the critical zone formed by the uptrend line and the fibo level of the cycle.

Invalidation: If we get a valid breakout below the uptrend line, then this buy setup will be invalidated.
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