luce878

AUDCAD Candlesticks signals on the 4 hour chart

FX:AUDCAD   Australian Dollar/Canadian Dollar
As the title says, there are a couple of candlestick that more or less indicates the continuation of the uptrend. As a learner, I've always found that a single candlestick doesn't indicate anything, but a couple of them do. I'm (paper trading) long in this position and mi stop loss is settled at the bottom of the long lower shadow.
you sould wait after Canad news in 7h and then go long
Reply
Thank you for your comment @Ginfa :) After the news, still the Long Lower Shadow bar is working as a support line. We'll see what happens next, if it resumes the uptrend or not
+1 Reply
Ginfa luce878
Good luck!
+1 Reply
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