AUDCAD Bullish

AUDCAD pair is going to reverse and go in the bullish direction, when the supply decreases, the price tends to be rare making it rise again in value. Let's see how it plays out. I have detected divergence on the MACD indicator which is one of the entry rules of my strategy. Wait for reversal candlesticks to form and enter the trade with risk management, I suggest using 5% of your capital and getting a risk-reward ratio of 1:4 in this trade, I believe it's going to gather around 300 plus pips