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forexcanada

Broadening pattern

Short
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
forexcanada  
FX:AUDCAD   Australian Dollar/Canadian Dollar
1
0
I am short for now, but it is usually bullish. Although it is not the chart pattern with the most success rate. Ranking 19 out of 23 according to Thomas Bulkowski encyclopedia. I am convince that we are heading to another test of the bottom channel. Half position now with another half position closer to 1.0580 if we get there and targeting 1.0200.

Cheer
Gaven
Twitter @forexcanada
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