AUDCAD M15 CHART Long

FX:AUDCAD15

Australian Dollar/Canadian DollarFXCM

Description

⋅ May 18, 2022 5:21 AM

Hello
There is a descending triangle formation in the AUDCAD m15 slice. I plan to take the target with a strong exit.

Comments

vf_investment

⋅ May 18, 2022 1:05 PM

Great analysis, but we think it's going like this:

DojiStarr

⋅ Jun 17, 2022 10:51 AM

@vf_investment, Sorry for the late reply to your message, please. Yes, if there was a breakout, I would have tried the trade, but I did not expect a 618 retracement after a double bottom on the m15 chart.