AUDCAD recently broke above a descending trend line and has touched a resistance & came back down to touch the trend line from the other side.
What we would like to see is a retest of the trend line/.382 fib retracement/support zone that price is near to find long entries.
Stop loss would be placed below the trend line with profit targets listed on the chart.
Trade safe!
What we would like to see is a retest of the trend line/.382 fib retracement/support zone that price is near to find long entries.
Stop loss would be placed below the trend line with profit targets listed on the chart.
Trade safe!
Order cancelled:
Price failed to retest the trend line so we cancelled this setup & decided not to trade.