AUDCAD Long
Daily Bias Bullish
Fundamental AUD is bullish and CAD is bearish
Price retrace back into H4 Support level that have not been brought for a long time. The level was strong and created long term rejection. H1 TF, price was rejected at the level and formed a Inverse H&S pattern with a strong bullish candle closing above the neckline (Resistance)
Set a long set up at broken neckline with target at Swing high R:R 1:4. SL below the H&S
Fundamental AUD is bullish and CAD is bearish
Price retrace back into H4 Support level that have not been brought for a long time. The level was strong and created long term rejection. H1 TF, price was rejected at the level and formed a Inverse H&S pattern with a strong bullish candle closing above the neckline (Resistance)
Set a long set up at broken neckline with target at Swing high R:R 1:4. SL below the H&S
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