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qasimtahir

AUDCAD - In Uptrend with Cup & Handle Continuation Pattern

Long
Australian Dollar/Canadian Dollar (OANDA:AUDCAD)  
qasimtahir  
OANDA:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Harmonic Patterns Chart Patterns
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trendanalysis harmonicpatterns chartpattern
AUDCAD chart in 4H time frame is printing Uptrend with Cup & Handle Pattern and observed there is no any divergence. Therefore market may seem more inclined to move in the direction of the existing uptrend.
Hence I'm doing long trade with Buy Stop Order on the breakout neckline level with stoploss below at last Higher Low level.
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