Clear bullish setups in AUD/CAD Long

Australian Dollar/Canadian DollarFXCM

Description

⋅ Jul 7, 2018 7:30 AM

Possible bullish trade in AUD/CAD. Nice and clear 5 impulsive waves and 3 corrective waves, according Elliot theory. In addition, we have clear bullish Gartley pattern. Fundamentals supports the idea.
Entry on market, stop loss around 0.9540, target 1.0100 or above.

Comment

⋅ Jul 11, 2018 7:46 AM

Stop loss lifted.

Comments

Vihren77

⋅ Jul 11, 2018 7:44 AM

Stop loss at break even at least :)

USAS_INC

⋅ Jul 11, 2018 5:44 AM

Today BOC expected to rise rates by 0.25 bps. CAD to gain. still with AC longs??

Vihren77

⋅ Jul 11, 2018 7:45 AM

@USAS_INC, Stop loss at break even at least :)

Vihren77

⋅ Jul 9, 2018 9:57 AM

So far, so good.

Vihren77

⋅ Jul 7, 2018 10:58 AM

Also watch highly negative correlated GBP/NZD for confirmation or price divergence.