Based on what i'm seeing, AUDCAD is bouncing off of a major resistance zone and will form a "W" Pattern formation. Neckline of the "W" Pattern is a "Pivot" Level. We will get in at the Neckline of the W and go up for 50 pips. Three TP Zones, remember after TP1, secure some profits, after TP2 move SL to Entry and secure more profits and then ride the trade to take profit 3. -The Forex Gurus