JSiminoski
Long

Good harmonics for a long

FX:AUDCAD   Australian Dollar/Canadian Dollar
23 0 0
Clear ABCD pattern forming here with price rejecting the .618 Fibonacci from the previous swing low to the recent swing high. Also have an inverse head and shoulder pattern highlighted by the blue boxes and red line. Looking to buy per daily signal targeting the D completion which also coincides with the 1.27 Fibonacci extension and a key level at 1.03000. Also note the long term ascending trend line.

Trade: Buying around the .96600-.96000 area and targeting 1.03000.

Happy Trading!
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