AUDCAD - Wyckoff's VSA - Swing Trade

7 באפר׳ 2022

After a climatic move towards a Daily Timeframe resistance (0.95000), banks and institutional traders took profit. Supply overwhelmed demand, creating strong downtrend. This strong impulse will float the price towards a 4H Timeframe demand zone (0.93100) - in confluence with 200 EMA. Long opportunity for the next RALLY - BASE - RALLY.