LesLeso

AUDCAD| Ascending Structure Reversal Play :)

Short
FX:AUDCAD   Australian Dollar/Canadian Dollar
We had a Descending Structure from which we had beautiful bullish plays from the Swing low area, but now we finally broke out, initially we were looking for a correction after the breakout to keep the bullish momentum however now Price is correcting in a bit an ascending nature meaning the bullish bias may not be as strong as we thought. Now I'll be looking to see if the ascending correction continues, if/when the correction completes and we get LTF correction after the breakout I'll be happy to take that to the downside.