AUDCAD HTF overview with LTF Bias D/4h/1h
Sharing what I feel I am seeing on ACAD, Open to thoughts around my analysis. I'm watching to see proof of confirmation via wyckoff Schematics.
Again these are my Ideas only and a means to forward test , learn + grow.
Daily
I can see the market is bearish. The Poi marked up sponsored the price into a previous redistribution, to mitigate before continuing its bearish leg down. I anticipate price to come Into this area within which I will Consider sellers taking over - proof via Wyckoff Distribution Schematic.
4H
Can see price approaching a supply Zone . To break this price action may need a 'recoil'. The most recent re-accumulation may need mitigation In order to break the supply Zone + target poi .
1 H
Chart details what I anticipate depending on price Action
Again these are my Ideas only and a means to forward test , learn + grow.
Daily
I can see the market is bearish. The Poi marked up sponsored the price into a previous redistribution, to mitigate before continuing its bearish leg down. I anticipate price to come Into this area within which I will Consider sellers taking over - proof via Wyckoff Distribution Schematic.
4H
Can see price approaching a supply Zone . To break this price action may need a 'recoil'. The most recent re-accumulation may need mitigation In order to break the supply Zone + target poi .
1 H
Chart details what I anticipate depending on price Action
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