AUDCAD Potential Bullish Shark Formation and Long Opportunity for Scalping
Pair / Instrument: AUDCAD
Time Frame: H1
The trend in the Timeframe: BEARISH
The trend in the Daily Chart: STRONGLY BEARISH
Trade Based On: Bullish Shark Harmonic Pattern
AREA OF THE ENTRY: 0.93400 – 0.93300
STOP LOSS : BELOW 0.93100
TARGET 1: 0.93650
TARGET 2: 0.93900
Note: AUD is the weakest currency. Markets may open with Gap. We recommend using smaller lot size in this trade
Update: TP1 Reached 25 Pips. You can close 50% of the positions and move Sl to entry.
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DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money
AUDCAD Bullish Shark Pattern: Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibilit