TradingClue

AUDCAD 4H Long, Bullish CCIDivergence

Long
TradingClue Updated   
OANDA:AUDCAD   Australian Dollar/Canadian Dollar
Looking at the AUDCAD 4H chart, Price is diverging against the Commodity Channel Index (CCI). This might indicate a reversal of the current downtrend.
Profit Target is the weekly pivot, stop-loss is the lowest low of the past few candles.
The past 3 Signals of my CCIDivergence Study were very accurate on AUDCAD / 4H, so the probability is high, that this trade might work-out too.
Trade closed: target reached

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