charts247
Long

AUDCAD LONG TERM FLYER!!!

FX:AUDCAD   Australian Dollar/Canadian Dollar
WEEKLY ANALYSIS:- We have an Up-Trend in the Weekly chart, and we want to buy every pullback.
We have now seen a Bullish engulfing Weekly candle at the structure 0.94102. This price point also corresponds to the ascending trend line support. We don't need much more invitation than this because the move to this point is actually discounting the initial move that created the structure 0.94102.
THE CALL: LONG WITH POTENTIAL TO ADD MORE

DAILY ANALYSIS:- Price have stalled on the structural point 0.94102, a nice price action followed swiftly with clear indication of gift failure to the downside.
We have also seen a day of positive close above both the 14 and 20 SMA which is a strong indication of a bullish run is coming into the pair.
THE CALL: LONG WITH STOP PLACED BELOW 0.9390
charts247
2 years ago
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Weekly Chart
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charts247
2 years ago
AUDCAD Structure broken long.... we will sit with this trade might be one of the best if Aussie is unleashed for coming weeks. Good Luck
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charts247
2 years ago
AUDCAD Update! We have a new SL and a point to add to our existing position. GL
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charts247
2 years ago
AUDCAD so far is doing as we expected.
We have a long term entry @ 0.9525, we are trading currently 355pips up!
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charts247
2 years ago
snapshot

A clear break of the structure
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charts247
2 years ago
snapshot
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charts247
2 years ago
Quick update..the long strength resumed in this pair today.
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