informedtrades
Long

Candlesticks on AUD Showing Signs of Bulls Stepping in

FX:AUDCAD   Australian Dollar/Canadian Dollar
I got stopped out of my long AUDUSD             trade recently, unfortunately, but to me the pattern still seems valid. And so I'm going long AUDCAD             . I think the recent hammer candlestick is a sign of bulls stepping in and defending 1.0153, and so I've set my order to go long at 0153 with my stop at 0094 and my target profit at 0335.

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