Australian Dollar/Canadian Dollar
Long
Updated

AUDCAD Daily finding the TRUE support line!!

308
Sometimes the TRUE support line is hiding in plain view....We have nice confluence with a possible Double Bottom and a nice Action/Reaction Set....Early days yet....a good one to stalk around the lower parallel of the pitchfork. A good TP shorter term would be the next blue dotted parallel a break of that and off to the median line we go!!

Watching....:)
Note
After taking out 95156 and again finding the "True" support "dotted white line" we got the crack we were looking for...next target @ Median Line / next white dotted line. nice explosive move.

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.