Fxprotrader
Long

AUDCAD Buy Setup Is About To Complete

FX:AUDCAD   Australian Dollar/Canadian Dollar
1870 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
snapshot
Congratulations! Your chart has been selected to be highlighted as the post of the day. This is a great example of a declining wedge, coupled with divergence.
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Fxprotrader walker.england
That's great news.. Thank you very much..!
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Totally agree with this, I posted something similar. Good Luck!
snapshot
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Fxprotrader masumhussain
Very good mate..!
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Nice chart
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Fxprotrader Ichimoku_Trader
Thank you mate..
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Ichimoku_Trader Fxprotrader
Thank you

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Great Idea, i am on the trade with your setup. Thank you for all your ideas, really good ones. any update on this one?
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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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is this trade still valid ?
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Yes of course..
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Hello,
Any updates for this trade ?
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Fxprotrader BanClassic
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..
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BanClassic Fxprotrader
OK Thanks
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This also met harmonic pattern criteria. Good LONG position after it breaks the trendline !
Good call SIR.
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Thank you jay_y
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