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Audcad RTO or Breakout?

238
Hello dear, as we mentioned in the chart it's the lowest low from a long time,

Waiting for the action.

Set a stop loss always.

Not
Double Bottom
Price hit the RTO Zone and did not cross it twice and that another sign that we should see a bullish trend soon
Stay patient
Best Regard EMA Trading
Not
4 Hours chart timeframe

three white soldiers candlesticks after double bottom
its a buying order .
Not
AUDCAD ↗️↗️ Triangle breakout analysis .


Hello Everyone 🙋🏽‍♂️

As we could see we have triangle chart pattern, we are waiting for a breakout at the price 0.787400 to enter the ascending channel,
WE recommend :

🟢TP 1 0.88260
🟢TP 2 0.89820
🟢TP 3 0.90580

🔴 SL 0.86000

If the price still going down and retest the support to be resistance then is it a downtrend signal, don't buy at that time.

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.