AUDCAD | Long | Update v1.2
Price has been bottoming out for a few weeks now and we have an inverse head and shoulder at play on the daily w/ lower time frames quietly awakening to Impulsive engulfing candles.
I can go on about the technicals but reference previous posts and you’ll see the original play is still in tact.
Only difference is we are now in a lower high and higher low bullish triangle. By dec. 5th we expect to target the length between most recent low/high, this swing resonates with supply levels at the .92 psychological round number.
it’s been a wild ride here for a few weeks now, but it goes to show that with proper money management, and multiple entry/exit strategies, you can catch big moves and stomach volatility.
Lastly, have a brain and make your own analysis as our trading styles/analysis could be right and wrong at different time intervals.
Happy pippin folks!
I can go on about the technicals but reference previous posts and you’ll see the original play is still in tact.
Only difference is we are now in a lower high and higher low bullish triangle. By dec. 5th we expect to target the length between most recent low/high, this swing resonates with supply levels at the .92 psychological round number.
it’s been a wild ride here for a few weeks now, but it goes to show that with proper money management, and multiple entry/exit strategies, you can catch big moves and stomach volatility.
Lastly, have a brain and make your own analysis as our trading styles/analysis could be right and wrong at different time intervals.
Happy pippin folks!
