Australian Dollar/Canadian Dollar
Long
Updated

AUDCAD Buy Opportunity

90
Hello fellow trader,

Possible buy opportunity appears on this pair. Consider that price may not reach the target and fall back down.
Enter the trade on strong price action and move to break even as soon as conditions are met.
AUD is gaining strength due to fundamental reasons.

Good luck,

9
Trade active
Despite price moved downside the market structure is still bullish.
I am waiting for the price to reach 0.9100 area.
Being end of year shows that investors are preparing for holiday mainly and avoiding investing these days.

snapshot
Note
Price is continuing to move towards its target at 0.9100 level.
Don't forget to manage the position and lock the profit in with trailing stop.
Note
snapshot
Trade closed: target reached

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.