RlcTrading

Aud/Cad Approaching Daily Support! Waiting For A Reversal Signal

Education
OANDA:AUDCAD   Australian Dollar/Canadian Dollar
Bought Aud Cad Earlier on the move up and exited on the retracement. This is looking like a Picture Perfect Inverse Head And Shoulders Pattern.

The Plan is to wait until price approaches support and confirm the reversal. You Can Confirm the Reversal In Many Ways including a Moving Average Crossover, Candlestick Analysis, Indicators and more.

So lets wait for the Reversal!

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