Snehath

The demise of the CAD begins now - a chance to long AUDCAD

Largo
Snehath Actualizado   
FX:AUDCAD   Dólar australiano/Dólar canadiense
The CAD has been quite strong last week mainly and now we have a chance of seeing this reverse. The last drop was almost 500 pips and there is a chance to ride this up.

1) I see a Gartley pattern that has already triggered.

2) There is a m15 crab pattern at the last weekly low.

I will look to go long around 0.9855 with about a 50 pip SL.
Operación activa:
Took the trade at 0.9860. High impact news for CAD in 6 hours so hope this can be protected quickly.
Operación cerrada manualmente:
Trade is out at breakeven. Will look for shorting opportunities next week.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.