AUDCAD Buy Setup Is About To Complete

FX:AUDCAD   Australian Dollar/Canadian Dollar
1871 17 44
Price has retraced to a long term key level where a buy setup is about to complete.

Entry price: 0.9448
Stoploss: 0.937
Profit targets: 0.96456, 0.99272

When price is in 1:1 profit move your stoploss at breakeven.
Comment: Bigger picture of key level
This also met harmonic pattern criteria. Good LONG position after it breaks the trendline !
Good call SIR.
Thank you jay_y
Any updates for this trade ?
The way price is consolidating above the broken trendline makes it a high probability to explode upwards. I am still in, and wait for this smaller correction to be over..
BanClassic Fxprotrader
OK Thanks
is this trade still valid ?
Yes of course..
Great Idea, i am on the trade with your setup. Thank you for all your ideas, really good ones. any update on this one?
Thank you for you kind words.It looks like it's pulling back to retest the broken level. From there we should see a new move up.
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