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VasilyTrader
2 ื™ื•ื ื™ 2021 05:38

AUDCAD: Wedge Breakout Trade ๐Ÿ‡ฆ๐Ÿ‡บ๐Ÿ‡จ๐Ÿ‡ฆย ืœื•ื ื’

Australian Dollar/Canadian DollarFXCM

ืชื™ืื•ืจ

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Hey traders,

AUDCAD broke and closed above a resistance line of a falling wedge pattern on 8H chart.
Moreover, the price formed a double bottom with a higher low within the wedge before it broke that.

Now I expect a bullish continuation.

Goals:
0.94
0.944

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ืชื’ื•ื‘ื•ืช
AmeZou
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Hi, thnx for the share.
is this analysis still relevant today?
because I have an open buy action and I'm on RED.
Should I wait for a new UP ?
thnx!
vimalkoosihal
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@AmeZou, I also have this trade open. Is it still valid?
design_dreams
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Was that a false breakout?
Lingrid
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It's a good opportunity for BUY!
Thanks
VasilyTrader
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@Lingrid, you are welcome my friend!
VasilyTrader
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Will it bounce
what do you think?
ืขื•ื“