AUDCAD 4H Chart
Price just crossed 38.2 Fibonacci level and seems to continue shooting up going to 50 and 61.8 levels.
RSI is on overbought area but still pointing upwards.
Bollinger Bands sloping upwards and price is still on the upper band.
Upwards momentum is still present and strong.
TP at next Fibonacci level and SL on most recent swing low just right under the previous Fib level.
RSI is on overbought area but still pointing upwards.
Bollinger Bands sloping upwards and price is still on the upper band.
Upwards momentum is still present and strong.
TP at next Fibonacci level and SL on most recent swing low just right under the previous Fib level.
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