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DeGRAM
Sep 8, 2022 8:46 AM

DeGRAM | AUDCAD divergence Long

Australian Dollar/Canadian DollarFXCM

Description

AUDCAD is testing support level.

Price action created a double bottom with divergence.

The market reached a lower border of the descending channel.

We expect a bounce-off from the support level.



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Comments
TheSignalyst
I agree and see a similar scenario on AU and NC
SpartaBTC
There is potential for price growth within the channel.
KlejdiCuni
Very good trading plan. Thanks for sharing with us.
P_S_trade
Nice trade pattern
DeGRAM
Good luck in the markets and have a great one!
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