Buy AUDCAD: Double Combination Pattern #Neowave

audcad is estimated to have finished forming correction wave with double combination pattern. may rise strongly as it will form the wave subdivision iii of the 3rd wave. the price will likely test the support at FE level 1, the reason is that the 3rd wave should not be the shortest in the impulse wave rule's.
as per my previous long-term analysis, maybe this will be a strong rise in the 3rd wave..

Trade active:

averaging open buy @ 0.9976

Comment:

stoploss moved to 0.9910 (invalidation level)