AUDCAD H4, multiple wicks at resistance zone.
Multiple long wicks indicate to us that price is having difficulty breaking through this resistance zone. Price can still decide to breakout of this zone and continue buying but it is more likely based on price action that we can look for a bearish breakout over the next few days. Happy trading!
Not
Price gave us the bearish breakout that we were waiting for :D
Feragatname
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