AUDCAD Trend reversal or contiuation - opportunities
Price is at an all time low support. Trend is bearish . RS is oversold.
Looking for a double bottom with supporting RSI Divergence to enter NBM for a Buy opportunity. Target is previous high.
If trend continues Bearish then looking for a pull back into the kill zone and move back to trend - this could also be part of the formation of a double bottom and trend reversal move.
Looking for a double bottom with supporting RSI Divergence to enter NBM for a Buy opportunity. Target is previous high.
If trend continues Bearish then looking for a pull back into the kill zone and move back to trend - this could also be part of the formation of a double bottom and trend reversal move.