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NipunaLakpriya

Potential BUY opportunity in the AUD/CAD pair.

Long
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
NipunaLakpriya Updated   
FX:AUDCAD   Australian Dollar/Canadian Dollar
Harmonic Patterns Chart Patterns AUDCAD
4
1
harmonicpatterns chartpattern audcad
Aussie and Canadian Doller pair is forming a AB=CD pattern in H4 chart.If current price is reach to the 0.95026 price the AB=CD pattern will be complete at that price.Then we can enter a long with two potential take profit target.First target is 38.2% fibo retracement of A to D and second target is 61.8% fibo retracement of A to D.Place your stop loss according to your reward risk ratio.
Comment:
Price is reach to the D point
Comment:
I was entered into the trade
Comment:
Pattern not valid because price broke the D point. My trade hit SL
Trade closed: stop reached
Comment:
But market was reversed below the D point
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