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ANGBlack
Feb 23, 2020 11:53 PM

AUDCAD (MEDIUM TERM) TIME TO BUY? Long

Australian Dollar/Canadian DollarFXCM

Description

The pair to me looks like its getting tightly squeezed into this type of falling wedge, can we see a correction to the medium top channel and maybe a break above towards the impulsive leg? The pair for me is still bearish and i will be watching it closely as their may be some kind of shift in momentum towards the upside and a continuation possibly for a little longer than short term. If you are going to trade this, i suggest you watch it as bulls have not been strong at all

Trade active

Trade closed: stop reached

Comments
transparent-fx
nice job, audcad is worth monitoring, I will making an update
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