OANDA:AUDCAD   Australian Dollar/Canadian Dollar
Daily is not the best place for this set up
But its where i prefer to start
Weekly has a better perception to the motive to enter trade

Chart showing pennant / ascending triangle foramation
MACD shows negative trend, with price consolidation as ichi confirms
Stoch intermediate peak, but weak to confirm
Red outside spinning tops, price consolidation b4 breakout/down

S/L .994
Sell to .97458( ish )
R/R 1.09

Profit Trading

Comments

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