AUDCAD ANALYSIS 04-10-2021
Hello guys, here's my view on AUDCAD.
Price has broken previous high, creating a BMS (BREAK IN MARKET STRUCTURE) then heading back for a return to order block (RTO)
IF PRICE successfully mitigates bullish order block, we should get a higher price level.
Setup is invalid if price breaks that low.
Risk to reward: 1:3
Entry: 0.91668
SL; 0.91568
Price has broken previous high, creating a BMS (BREAK IN MARKET STRUCTURE) then heading back for a return to order block (RTO)
IF PRICE successfully mitigates bullish order block, we should get a higher price level.
Setup is invalid if price breaks that low.
Risk to reward: 1:3
Entry: 0.91668
SL; 0.91568
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.