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gibbsys

AUDCAD Buy Ascending Channel

Long
Australian Dollar/Canadian Dollar (OANDA:AUDCAD)  
gibbsys  
OANDA:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators AUDCAD LONG Bullish Patterns
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trendanalysis chartpattern indicator audcad long bullish
Possible AUDCAD Long idea.

  • Confirmation on the 4hr of general bullish trend
  • Ascending channel
  • Confirmation of channel by an engulfing candle

I would set TP at the 0.618 FIB level or the 0.5 Fib retracement with SL set at a channel breakout.
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