Andre_Cardoso
Long

Double bottom @daily support // IF=THEN ®

FX:AUDCAD   Australian Dollar/Canadian Dollar
FX:AUDCAD

With a double bottom at daily support, the price rally and found support @0.966 forging a daily resistance (also H4 and H1 resistance);
After that, the price start a retracement that i expect to hit the 61.8% retracement below weekly resistanceW1 (broken, can act as support now);
IF the price hit my expectations, i will THEN seek an argument to allow me to enter the market buying it with a first target at daily resistance @0.9662 and one eventual second target at monthly resistante @0.9748 (the second target as a basic pattern, where A to B leg is equal to C to D=Monthly Resistance) AB=CD*

Safe trades;
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out