Looks like AUDCAD finally reached to an end of the bottom rally, RSI candle indicator shows a strong red candle, that means much volume was in this candle fighting against bearish momentum. I predicted on the longer Timeframes a inverted h&s pattern on my recent idea (linked below) wich is my first improvment for a bullish momentum on this chart. As you can see the marked resistances are the fib levels given in chart. Ichimakou cloud also shows signs of resistance @~0.97350 so plenty of room to grow. What do you think?
Nice weekend!
Cheers, Kasmirpuma
Trade closed manually
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followed until 3# then the breakdown. hope ya'll did a stoploss. nice prof anyways