charts247
Long

AUDCAD LONG STRUCTURE REVERSAL.

FX:AUDCAD   Australian Dollar/Canadian Dollar
11 0 1
WE HAVE A VERY INTERESTING SCENARIO HERE, A STRUCTURE THAT REFUSE TO BREAK IS ALWAYS AN INDICATION THAT PRICE WILL GO THE OPPOSITE SIDE OF THE BREAK.
WE HAVE A LONG TRADE HERE AT 0.9358, WE ARE EXPECTING PRICE TO TRADE BACK INTO THE STRUCTURE AND TAKE OUT THE HIGH OF 0.9577.
STOP IS PLACED BELOW 0.9250
TARGET : 0.9577
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