AUD/CAD Trading Analysis (28/10/2024)
The downward wave structures are truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition. The reverse model 'Boguraev's Matryoshka' is forming.
Trading idea:
- Buy at the beginning of the formation of the ascending wave structure, when wave A breaks the sloping channel of …