1HR AUD CAD
1HR AUD CAD
Price is currently bearish as a LH inside a triple top. Price has been moving sideways inside a rising wedge.
Price may continue to drop/go bearish breaking the 4 HR support and Daily Resistance Zone. The bearish move is likely to occur that area needs to be filled/retested.
;m waiting to see if price creates another bearish candle. If it does or if the price continues to go lower, it may go lower than the bearish OB just before they reach the support inside the wedge.
Price will eventually break out of the sideways movement inside the rising wedge to push up breaking the 4 HR resistance and retest the big neckline.
Price is currently bearish as a LH inside a triple top. Price has been moving sideways inside a rising wedge.
Price may continue to drop/go bearish breaking the 4 HR support and Daily Resistance Zone. The bearish move is likely to occur that area needs to be filled/retested.
;m waiting to see if price creates another bearish candle. If it does or if the price continues to go lower, it may go lower than the bearish OB just before they reach the support inside the wedge.
Price will eventually break out of the sideways movement inside the rising wedge to push up breaking the 4 HR resistance and retest the big neckline.
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