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AUDCAD : two ways of price movement

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There are two main ways of price movement, depending on whether it cuts through the resistance line - the trend line of the downtrend channel - or remains within the trend.
In the first case, we are waiting for the breakdown of point 0.984, consolidation and growth to target 1 - 0.990 In the second case, we wait for a rebound from point 0.984 and fall to 0.971. We enter the market only after the trend is fixed!

Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
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AUDCAD: correction for strong growth

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.