AUDCAD possible setup
*The triple bottom chart pattern typically follows a prolonged downtrend where bears are in control of the market.
*There is an existing downtrend.
*The three lows are roughly equal in price or rather at the same zone, we can see this from the horizontal trendline
*The volume drop from the 2nd touch at the resistance level could be a sign that bears are losing strength.
expecting price to push further up as the price breaks through the final resistance.
*There is an existing downtrend.
*The three lows are roughly equal in price or rather at the same zone, we can see this from the horizontal trendline
*The volume drop from the 2nd touch at the resistance level could be a sign that bears are losing strength.
expecting price to push further up as the price breaks through the final resistance.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.