On the AUDCAD we have a flag formation turning up. Waiting for the breakout to the upside before entering. Could also drop to the 61.8% Fib before going up.
Do you believe patterns like flags, are stronger than pattern like engulfing patterns?
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@JonathanMcBrine, I think both work pretty well. But I like to look at the movement of multiple candles instead of just a single candle.
That latest bearish candle does cause some concerns.