Dale_Ansel

AUDCAD - REVERSAL @ 0.5 Fib Retracement - LONG

Long
FX:AUDCAD   Australian Dollar/Canadian Dollar
4
Nice reversal setting up here. We have a HIGH
followed by a HIGHER LOW, then a HIGHER HIGH.

Now we have pulled back to a 0.5 Fib Retracement
and it's moved up through the 0.382 so I'd say it's
a BUY. Targets can be near uptrend support line.

Good Luck!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.