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TheDailyTrader_FX
Feb 28, 2019 3:11 PM

AUD/CAD 1H LONG opportunity setting up @ 0.70945 Long

AUSTRALIAN DOLLAR / U.S. DOLLARICE

Description

Yesterday I posted an intraday trading idea on this pair, unfortunately it didn't work out too well as I got stopped out on that trade. Pair is now potentially forming another advanced pattern which is Bullish cypher completing at 0.70945 on 1H time frame. RSI should show oversold condition and/or diverging. ATR based stops below the XA leg.

I remind you that it's just my vision about possible market movements. If you have your own, please share in comments. I will be glad to discuss with you. I will be very grateful for supporting my post by your LIKEs, if it's not so hard for you. :)

Trade your plan and good luck in the markets!!!

Trade active

Triggered at 0.70945

Trade closed: stop reached

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