If you have been keeping up with my previous analysis, you would have known that my strong interest in buying the AUDCAD is not a crazy obsession, but a well-informed decision based on market trends and patterns.
In fact, if you had engaged in the trade last week, you could have earned a substantial amount of profit, up to 139pips or approximately 1,390 USD per lot.
This week, the market will be testing the 5-0 pattern on the 1-hourly chart for the first time, which could potentially provide another opportunity to hop on this bullish trend.
By identifying the right confirmation pattern, you could take advantage of the Bullish 5-0 Pattern on the weekly chart and not miss out on this trade once again.
Don't underestimate the power of staying informed and being prepared to make strategic moves in the market.