Hello dear Fellow!
got this beautiful set up for you to day!
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π°AUD/ CAD Setup / Analysis
π 4hr's Chart
The reasoning for this setup
ββββββββββ
- ( Take Profit point's ) -
π΅ Take Profit 1 ( 0.89300 )
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π΅ Take Profit 2 ( 0.88970 )
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π΅ Take Profit 3 ( 0.88700 )
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π΅ Last Take Profit 4 ( 0.88350 )
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Reasoning πποΈ
ββββββββββ
- Liquidity Zone / Choch ( this is a Liquidity Area & choch Area Because price is This change from upwards momentum to a downwards momentum is what we call choch )
- Major Turn level / W ( price has Turned at this area before on the weekly chart )
- Volume Range Lvn (Low Volume Node)
- Pattern Break Out
- W / M Low Break ( The price is gonna be going through the monthly low This is a indication of this which to the downside.)