Daily Setup AUDCAD Has Shown Willingness To Go Lower
In The WEEKLY Timeframe It Took Out The Buy Stops And Traded in The WEEKLY Bearish Orderblock (0.95183 - 0.94507)
DAILY -Timeframe Price Formed A Bearish Divergence (07 Mar - 05 April 2022)
The Bearish Divergence Shows Price Making Higher Highs Whilst Oscillator Is Making A Higher High - Lower Higher
That Kind Of Divergence Also Shows Price Has Taken Out Old Highs , In This Case PMH /THE REST OF THE ANALYSIS SHOWS PREMIUM - DISCOUNT ARRAYS
*In The 12 Hour Timeframe Price Has Formed A Trendline Phantom Which Will Be Taken Out In Order For Price To Trade To The Bearish Breaker Block
*In The 8 Hour Timeframe Price Clearly Shows A Classic AMD Reversal
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