forexnoobmaster007
Long

Go Long : AUDCAD Broadening Rising Wedge

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!!!!!!!!

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