AUDCAD potential P wave breakout
Comment
AUDCAD H4 P wave break downwards possible as per below Ichimoku analysis.
Ichimoku Analysis
- Kumo (Senko span A) is down
- Kumo itself is thick and long
- Kijun sen still slightly down
- Chiko Span below candles
Next Scenario
Once market breaks the P wave, then it can reach to the support at 0.9456.
If market breaks P wave upwards, then it goes back to Kijun sen.
AUDCAD H4 P wave break downwards possible as per below Ichimoku analysis.
Ichimoku Analysis
- Kumo (Senko span A) is down
- Kumo itself is thick and long
- Kijun sen still slightly down
- Chiko Span below candles
Next Scenario
Once market breaks the P wave, then it can reach to the support at 0.9456.
If market breaks P wave upwards, then it goes back to Kijun sen.
Forex Kei
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Official Website: forex-kei.com
Global Trading School: forex-kei.com/?page_id=2855
KTS Academy: keistradingstrategy.com
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