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ahsanakbarlive

Going Long with Pin bar

Long
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
ahsanakbarlive  
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Chart Patterns
3
2
trendanalysis chartpattern
AXY is bullish and CXY is bearish on 1Hr.

1. The chart has defined the LH
2. Pin bar candle spotted
3. trend line on the Daily chart is will be the resistance
4. 0.5 Fib. the level is TP
5. Time Cycle on hourly is not being respected
6. RSI is still in the middle so no divergence is needed
7. Cup n Handle pattern is in play

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