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Prestige_Forex_Academy

AUDCAD Long

Long
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
Prestige_Forex_Academy  
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Technical Indicators Chart Patterns goldenzone trendline-break-macd 50sma
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trendanalysis indicator chartpattern goldenzone trendline-break-macd 50sma
AUDCAD
snapshot

Currently we are looking for a long trade reason.
1.Price has broken out of daily descending trendline and playing below bullish corrective trendline.
2.The price has also reached fibo golden Zone between 61.8% and 50%.
3.Once the MACD turns positive and the price move above 50sma we go long.

Risk management is key.
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