AUDCAD has been in a long Bullish Uptrend Since Jan 2022,
Currently still in the Uptrend, However, Price has currently failed to make a new HH sine 7 March 2022.
Two key areas to look at, If price bounces off the 0.786 level for a move to the down side, Entry will be on Candle breaking lower and confirmation.
If price breaks out to the upside of the 0.786, will look for entry pattern on the 15M TF.
Currently still in the Uptrend, However, Price has currently failed to make a new HH sine 7 March 2022.
Two key areas to look at, If price bounces off the 0.786 level for a move to the down side, Entry will be on Candle breaking lower and confirmation.
If price breaks out to the upside of the 0.786, will look for entry pattern on the 15M TF.