forexnoobmaster007

Go Long : AUDCAD Broadening Rising Wedge

Long
FX:AUDCAD   Australian Dollar/Canadian Dollar
AUDCAD has formed a Broadening Rising Wedge pattern on a daily basis. At the moment, the price are just above the lower trendline. The prices are expected to rise with the pair reaching 0.90251 initially and then 0.90675. On the other hand, first support is at 0.89212 and then at 0.88915.
Trade closed: target reached: first target reached!!!!!!!!!!1
Trade active: Ignore the previous trade closed comment. The trade is still active. Waiting for the prices to reach the final target of 0.90675 (the uppermost blue line)
Trade closed: target reached: cheers!!!!!!!!