AUDCAD

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AUDCADAUD/CADOANDA:AUDCADSurgiForexTechnical Analysis Trend: Market is in a bullish channel. Price is respecting higher highs and higher lows, so structure favors buyers. Momentum: Current candles show consolidation near the channel top, suggesting a pause rather than a reversal. RSI: Showing mild bearish divergence → momentum is flattening, which often means price may retest lower channel or support before continuing up. Multi-Timeframe: 1H → Bullish. 4H → Sideways with bullish tilt. Daily → Bullish, which supports continuation. 📌 Trade Plan Logic Bias: Strong bullish (fundamental + technical alignment). Strategy: Wait for a dip/pullback inside the bullish channel to join buyers at better pricing. OR, if price consolidates then breaks higher with momentum, treat it as a continuation entry. Risk Management: Place stops below the last swing low / channel floor. Take partial profits at the next impulse push, let the rest ride. Invalidation: A clean 1H close below the bullish channel = bullish plan is off the table.au