AUD/CAD Possible Long!!
Looking at the chart, we can see a "Bullish Triangle" forming, which could see the price rocket to the upside.
For this, the entry must be confirmed, I will be looking for confirmation via a break out of the Bullish Triangle. Once/if price breaks out of the Bullish triangle I will be entering a long trade with 2 take profits. The first take profit will be at the 61.8% Fibonacci level and the second take profit will be at the 78.6% Fibonacci level.
For this, the entry must be confirmed, I will be looking for confirmation via a break out of the Bullish Triangle. Once/if price breaks out of the Bullish triangle I will be entering a long trade with 2 take profits. The first take profit will be at the 61.8% Fibonacci level and the second take profit will be at the 78.6% Fibonacci level.
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