AUDCAD Analysis:
AUDCAD has reached the retest zone of the Ascending Triangle in the 4-hour timeframe chart.
After the confirmation of upward movement, AUDCAD buy signal given.
But AUDCAD hovers around the entry price range and starts to make a ranging movement between the entry price levels for a long time.
The market moving up and down between the entry price ranges for more than 2 days.
As per signal following rules, due to consolidation and lack of movement, the AUDCAD signal has closed at an entry price level.
For new users: Please note : AUDCAD signal has been closed at the entry price level due to lack of movement and the 2 days protection rule. Keep following our signals as per the signal rules given to you under each signal message: https://signal.forexgdp.com/follow
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Please be patience and wait for the next good opportunity signal. We always want you to trade safely under all market conditions.
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