Get started
TheBearTrader1

AUDCAD- LONG IDEA ON 4H CLOSE. DONT MISS OUT

Long
Australian Dollar/Canadian Dollar (OANDA:AUDCAD)  
TheBearTrader1  
OANDA:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Chart Patterns Harmonic Patterns AUDCAD Forex forexsignals forexanalysis LONG
4
3
trendanalysis chartpattern harmonicpatterns audcad forex forexsignals forexanalysis long
AUDCAD- Long idea (Wait on 4H close)
We can see that price broke out of this descending TL, changing trends, confirmed with the higher highs and higher lows, we are also testing the 50EMA as support and the 61.8 fib level. For a confirmed entry I will be looking for a long wick candlestick
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.