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CityTradersImperium_Daniel_M
May 17, 2018 7:42 PM

AUDCAD: 4 hour price action squeezing in the price action 

FX:AUDCAD240
Australian Dollar/Canadian DollarFXCM

Description

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AUDCAD 4 hourly chart is being squeezed in to narrow range - which way it will break out? Do nothing for now. Watch out for the breakout.

Comment

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The price action broke out of the triangle. I will be placing my long entry above 0.96224 with PT1 at 0.96450, PT2 at 96923
Trend AnalysisChart PatternsAUDCAD
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