Get started
TB305

LONG ON AUD/CAD

Long
Australian Dollar/Canadian Dollar (FOREXCOM:AUDCAD)  
TB305  
FOREXCOM:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Support and Resistance Supply and Demand AUDCAD audcadlong LONG buy Descending Triangle breakout
0
0
trendanalysis supportandresistance supplyanddemand audcad audcadlong long buy descendingtriangle breakout
Price has broken above the resistance zone of a descending triangle.

it has also retested old resistance as new support on the hour time frame.

I will be taking the following play on this pair:

P = 0.90652
SL = 0.90334 - 33 PIPS
TP = 0.91520 - 85 PIPS
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.