pecpec
Long

Simmetrical triangle

FX:AUDCAD   Australian Dollar/Canadian Dollar
Pros
  • Test the ascending trendline 5th time.
  • Good P/L ratio
Cons
  • Countertrend
Strategy
Buy on touch the uptrend with a close stop.
*For greater confidence on the trade, search for reversal patterns at 1h-4h like doble bottom/H&S, brakes of the downtrend in RSI and/or divergences
Trade closed: stop reached: Sometimes this happen.
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