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jonnycaves

AUDCAD ACCUMULATION W/ SPRING (LONG OPPORTUNITY)

Long
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
jonnycaves  
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis
1
0
trendanalysis chartpattern beyondta
Seeing accumulation of orders w/spring respecting the trend line we have under price. I am also seeing manipulation of spread above the order block preventing traders from obtaining a profitable entry. Will wait for price to respect order block once more to then place the BUY entry around 0.94650. Take profit areas are at each of the previous highs.
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