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GWaves
Dec 15, 2016 12:17 AM

$AUDCAD | Aggressive Long Entry | Potential Targets Defined Long

Australian Dollar/Canadian DollarFXCM

Description

Hello Traders,

AUDCAD is offering a long opportunity for a long term trade set up.The level of entry at 0.98529 at the time of writing remains a speculative and aggressive entry. But offers the lowest risk as it is closest to the stop loss. The targets posted on this chart may in fact change as this trade progresses along. As for now, they remain the highest probability targets.

If you are a more conservative trader you can stay tuned for updates as this pair gets ready to take off.

Recent USOIL action helps validate this trade.



Best,
Chartistry

Comment

Update: Since Stop loss was hit. We wait for a stronger buy signal and adjust targets accordingly.

Stay tuned.

Chartistry
Comments
I_see_BTC
I see a potential bullish cypher pattern on the weekly. Signs of a bullish reversal around 0.95535 would be compelling for me
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