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ForexMonkey1
May 22, 2017 9:47 PM

AUDCAD SETUP 

Australian Dollar/Canadian DollarFXCM

Description

Trade AUDCAD when it breaks either trend-line. There is significant OPEC OIL news coming this week and CAD is very bullish as indicated in the COT analysis. For a link to this weeks COT analysis CLICK: t.me/ArtOfCharting/2121 to gain access to our free materials. I am trading this on the break to one side or the other. Stay patient for a clear break. That means a 4HR or a 1HR candle close below the level or a clean retouch of the trendline.
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