Go Long on AUDCAD Longterm Based on 1H, 4H + 1D Charts
Updated
Sorry this is one I forgot to add in this morning, I've already entered on 
AUDCAD but there is an opportunity arising to jump in soon.
30M has completed a Bullish Golden Crossover (EMA50 Above EMA200) and we are seeing the 1H chart is now preparing to cross over.
Price broke out of the short term bearish downtrend above the trend line and heading towards first TP @ 1.01018.
Looks like price will pull back to a previous support and I'm hoping for a bounce from around 1.00668 making a good entry for anyone looking to jump in on this trade.
Have moved Stop Loss up to now 1.00094
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
AUDCAD but there is an opportunity arising to jump in soon. 30M has completed a Bullish Golden Crossover (EMA50 Above EMA200) and we are seeing the 1H chart is now preparing to cross over.
Price broke out of the short term bearish downtrend above the trend line and heading towards first TP @ 1.01018.
Looks like price will pull back to a previous support and I'm hoping for a bounce from around 1.00668 making a good entry for anyone looking to jump in on this trade.
Have moved Stop Loss up to now 1.00094
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
Trade active
I entered @ 1.00612 GL to all entering on a pullbackComment
1st Target Hit + Closed above resistance. Let's see if we can keep going!Trade closed manually
Awesome Trade!! Smashed both targets + Beyond !! :)Trade closed: target reached
Website: ajazelahi.com/
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For my signal & fully automated copy-trading services, get in touch @ t.me/Ajaz_Elahi
Disclaimer: I do not take all of the trades I publish.
Facebook Group: facebook.com/groups/aefx786
For my signal & fully automated copy-trading services, get in touch @ t.me/Ajaz_Elahi
Disclaimer: I do not take all of the trades I publish.
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.