AUDCAD has been showing signs of reversing the mid/long term trend. Reasons why I am looking to enter long on this pair are:
1) Key Moving Avg crossover on Daily TF
2) Prior high has been taken out; New Higher Low/High
3) Double bottom on daily, at prime Fib levels
I will wait for price to break and close above the CTL.
Feel free to let me know if you have any questions, or feedback!
Happy trading.
1) Key Moving Avg crossover on Daily TF
2) Prior high has been taken out; New Higher Low/High
3) Double bottom on daily, at prime Fib levels
I will wait for price to break and close above the CTL.
Feel free to let me know if you have any questions, or feedback!
Happy trading.
