Get started
HayatoDragonFX

AUDCAD, daily timeframe, bullish divergence materialized

Long
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
HayatoDragonFX  
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Technical Indicators Chart Patterns AUDCAD audcadsetup audcadanalysis ichimokukinkohyo Bullish Divergence audcadlong audcadforecast
2
0
trendanalysis indicator chartpattern audcad audcadsetup audcadanalysis ichimokukinkohyo bullishdivergence audcadlong audcadforecast
Hello my friends,

There is a bullish divergence on AUDCAD pair and i've spotted this divergence since 2 days ago.
It finally materialized as price also broken above the descending trend line.

Noticed also price above the support i marked and ichimoku cloud so this pair is bullish in general.
I am currently buying AUDCAD from 0.9500 as per this writing.

Buy AUDCAD 0.9500-10
Stop loss 0.9410
Take profit 1 @0.9590
Take profit 2 @0.9680

Use only 1-2% risk
Good luck

Related Ideas

HayatoDragonFX
AUDCAD, daily timeframe, bullish divergence materialized (2)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.