Hello Everyone
Just wanted to drop my future forecast for AUD/CAD as this pair made my watchlist for the week ahead. Price is currently sitting at an important double bottom with a descending structure (reversal pattern) signaling a change in trend is soon to come. My game plan for the week ahead for this pair is to wait for a push up and flag continuation on the 1h in which I will filter on the 15m for a risk entry within the flag. I will also set the reduced risk entry just in case the risk entry is not available as a safety net.
Have a good one!
Just wanted to drop my future forecast for AUD/CAD as this pair made my watchlist for the week ahead. Price is currently sitting at an important double bottom with a descending structure (reversal pattern) signaling a change in trend is soon to come. My game plan for the week ahead for this pair is to wait for a push up and flag continuation on the 1h in which I will filter on the 15m for a risk entry within the flag. I will also set the reduced risk entry just in case the risk entry is not available as a safety net.
Have a good one!