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Audcadbuysetup

AUDCAD Bullish ContinuationAUDCAD price seems to exhibit signs of Bullish continuation. Bulls may eventually face a strong resistance zone around 0.9408 till 0.95485. If there is considerable Bullish momentum in this price zone, chances of TP2 may increase. Till then, opportunity may be seized by the Bulls. After the Bulls surf the potential wave till TP1, a probable opportunity may arise for the Bears in the form of a probable Harmonic reversal from key Fibonacci Harmonic price levels which increases the importance of moving SL to Break Even if TP1 hits. Till then, opportunity may be seized by the Bulls. Trade Plan Entry @ 0.92795 OR CMP Stop Loss @ 0.9179 TP1 @ 0.9381 TP2 @ 0.9482 No. of Trades: 2 Move SL to Break Even if TP1 hits.
Long
by LevelsBySBT
1
AUDCAD BUY IDEASAUDCAD price keep making supply zone and higher low. Price almost hitting the demand zone. We may see bull after the candle hit the demand zone. However, if the candle close below the demand zone, the setup may not valid. We may put buy limit on the buy zone and put stoploss slightly below the zone. If the price does bull after hit the demand zone, we may see the trend until the minor supply and may retrace . Price may find bigger supply which is above the minor supply to get enough bearish bias . We may update the ideas after the market start.
Short
by husaynirfan