AUDCAD made a bottom and is targeting the 1D MA200.
Pattern: Bearish Megaphone on the 1D time-frame.
Signal: Buy as the price hit the bottom (Lower Lows trend-line) of the Megaphone while the 1D MACD is about to print a Bullish Cross, which since August has signaled a rise.
Target: The 1D MA200 with a rough projection at 0.9200.
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Signal: Buy as the price hit the bottom (Lower Lows trend-line) of the Megaphone while the 1D MACD is about to print a Bullish Cross, which since August has signaled a rise.
Target: The 1D MA200 with a rough projection at 0.9200.
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** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
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