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11021992
Aug 27, 2016 4:47 PM

AUDCAD bullish entry at the 61.8% Fibonacci retracement Long

Australian Dollar/Canadian DollarFXCM

Description

Hi traders,

On the daily AUDCAD chart I projected the price action that I expect to happen. First a minor correction to the upside and then forming a potential AB=CD pattern formation. My entry will be at the 61.8% Fibonacci retracement of the June to August move, which lines up with previous structure.
Entry: 0.96318
Stop: 0.95524
Target: 0.98099 = R:RR 2.24

Good luck! Updates will follow.
Comments
TradesomniaFX
what is your real name?
11021992
Eh, why do you ask? :) Maybe you can send me a pm on tradingview.
TradesomniaFX
are you madi fro philippines?
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