AUDCAD is inside a triangle pattern that on the break up or down will complete one of the Bat patterns. So I am considering to trade on both sides and to take profits on pattern completions. For more details on the chart.
Good Luck!
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Price is at the end of the red triangle contraction. Will it breaks or it will continue to create another big corrective pattern ?
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Price broke and closed outside the triangle. Let's see if it will move up now.