JallenForex

AUDCAD | Long trade opportunity.

Long
FX:AUDCAD   Australian Dollar/Canadian Dollar
AUDCAD recently broke above a descending trend line and has touched a resistance & came back down to touch the trend line from the other side.

What we would like to see is a retest of the trend line /.382 fib retracement/ support zone that price is near to find long entries.

Stop loss would be placed below the trend line with profit targets listed on the chart.

Trade safe!
Order cancelled: Price failed to retest the trend line so we cancelled this setup & decided not to trade.