AUDCAD - Bullish cypher after a nice breakout
Traders,
Similar to the USDJPY i published recently the AUDCAD broke a major resistance area. This indicate's that the price can move higher to a next potential reversal area (drawn at the chart).
After the breakout i predict that the price could move higher to that zone.
This cypher pattern could be a reason for me to get long with the trend.
SL: 0,99734
T: 1,01369
Have a great weekend ;)
Similar to the USDJPY i published recently the AUDCAD broke a major resistance area. This indicate's that the price can move higher to a next potential reversal area (drawn at the chart).
After the breakout i predict that the price could move higher to that zone.
This cypher pattern could be a reason for me to get long with the trend.
SL: 0,99734
T: 1,01369
Have a great weekend ;)
Comment:
Cypher completed, lets wait for a valid HHHC to enter
Comment:
Price gave us an HHHC but an inverse RR. Let's wait for another signal to get involved.
Order cancelled:
Looks like the price is moving without our entry signal. although i dind't had a change to get involved. I always like this to see because it give's me always some confidence in my trading ;)
