JohnygForex
Long

Symmetrical Triangle Breakout

FX:AUDCAD   Australian Dollar/Canadian Dollar
8 0 0
Price is Consolidating in a symmetrical triangle, Im looking for a break above to resistance to go long. The bias of the pair is bullish with price being above the 200MA on the Daily, Weekly, & Monthly. If we also get a break above resistance i could make a entry to target to be the neckline and make another entry on the break of the neckline to start the inverted Head and shoulders pattern.

If price breaks below support it could fall back into a channel that ill wait to make a long off the next support.
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out