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AUD/CAD: Nice opportunity this week!

Long
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
SwissPips Updated   
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Chart Patterns aud CAD AUDCAD short Bearish Patterns invertedheadandshoulders Bullish Patterns buy
12
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trendanalysis chartpattern aud cad audcad short bearish invertedheadandshoulders bullish buy
Hey guys,

It looks like we have an inverted H&S pattern on this pair.

RSI is moving higher forming a nice bullish divergence on H4.

I will be looking to buy as soon as I have a bullish evidence around the area as shown in my chart, it may correct a little bit more.

1st target will be the neckline, then the fib level.

Trade with care!

Any like/comment is highly appreciated!

Cheers

Jesse

Comment:
Trade closed manually:
The pattern has changed with a new low

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