AUDCAD GOING LONG

As we can see on the 4hr timeframe we have a falling wedge already formed which gives us the thought of a finished bearish trend and to confirm further my analysis i switched to the 1D time frame where we can all see clearly a double top where price has bounced off and also we have a double bottom where price is beginning to bounce off we can trigger a bullish trade when price breaks out of our falling wedge on the 4hr timeframe.



remember to use proper risk management.