AUDCAD Long Trade Analysis

FX:AUDCAD   Australian Dollar/Canadian Dollar
There is potential for a long trade entry on AUDCAD next week if price continues to fall back down to my desired entry zone at around 0.89500.

Daily Chart - Bearish trend broken, price has broken out of its little sideways range and made new higher highs now.

4hr Chart - Higher high made, consecutive higher lows. Price is pulling back to the bullish trendline and maybe even a retest of the daily trendline that was broken.

Interesting area around 0.89500 where these TL crossover with the fib 0.786

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Nov 15
Comment: I am not entering any long positions until price reaches my buy zone @ 0.89500
Nov 21
Comment: No entry for me on this trade set up. It didn't quite come to my desired entry price.
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