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tradingwithanthony
Sep 11, 2023 8:06 AM

AUDCAD Technical Analysis and Trade Idea Short

AUD/CADOANDA

Description

Analyzing the AUDCAD currency pair, we observe a bearish shift in market structure evident on both the 4-hour (4H) and daily (1D) charts, characterized by a substantial downward movement. My focus lies on identifying a potential trade opportunity during the retracement phase, capitalising on the imbalances evident within the chart. I encourage you to watch the video for a detailed explanation, but please be mindful that the information provided is for educational purposes and should not be construed as financial advice or recommendations for trading decisions.

Trade closed manually

Comments
Mihai_Iacob
Thank you for your hard work and dedication to helping traders succeed.
tradingwithanthony
@Mihai_Iacob, You are welcome.
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