Get started
TraderChamp-Pro

AUDCAD FALLING WEDGE BREAKOUT EXPECTED

Long
Australian Dollar/Canadian Dollar (OANDA:AUDCAD)  
TraderChamp-Pro  
OANDA:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Chart Patterns Wave Analysis AUDCAD Forex traderchamp profitlio profitliotrading
4
0
trendanalysis chartpattern waveanalysis audcad forex traderchamp profitlio profitliotrading
AUDCAD has established a descending wedge pattern, suggesting a potential breakthrough in the existing bearish trend. Upon confirmation of the breakout, there is potential for a bullish reversal, leading to a rally with targets at the 0.88 and 0.91 levels.

Related Ideas

TraderChamp-Pro
GBPNZD RISING WEDGE PATTERN
TraderChamp-Pro
DXY CREATED A HEAD AND SHOULDER PATTERN
TraderChamp-Pro
GBPAUD CUP AND HANDLE PATTERN
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.