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REAL_CRYPTO_VIC
Sep 20, 2023 3:29 PM

AUDCAD Anticipating for long term buy Long

Australian Dollar/Canadian DollarFXCM

Description

Hey Traders, In this analysis we saw price forming a pattern (descending channel) which is a correction therefore we are likely to see the next impulse, following this IMPULSE-CORRECTION-IMPULSE. Price can likely go down to give us a reversal then rally up.

TRADE VIEW:
we need to see a break of trendline with bullish momentum pushing in
Comments
TheFxAce
Your bullish insights resonate with my own observations; I am leaning towards a long position.
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