Australian Dollar/Canadian Dollar
Long
Updated

AUDCAD Broke Previous highs, look for bullish continuations

756

Hi traders:

Most of the AUD pairs are bullish, and I like AUDCAD's price action that broke the previous higher time frame swing highs with a continuation price action.

We can see price formed a flag like structure to push up the price from previous highs and continue higher with TF impulse.

Latest price is showing us LTF consolidation again, good indication for further upside potential.

Wait for correction to form and completes and jump in the buy to the next highs.

Thank you
Note
HTF:
snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.