AUDCAD is taking off from a strong support level. The price formed a double bottom formation on 382 retracement of the last bullish impulse. The trigger that I am looking for to buy the pair is a bullish breakout of a horizontal neckline. I need an hourly candle close above 0.9255 structure as a trigger to buy.
In case of a new lower low formation on an hourly, the setup will be invalid.
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