AUDCAD is taking off from a strong support level.
The price formed a double bottom formation on 382 retracement of the last bullish impulse.
The trigger that I am looking for to buy the pair is a bullish breakout of a horizontal neckline.
I need an hourly candle close above 0.9255 structure as a trigger to buy.
In case of a new lower low formation on an hourly, the setup will be invalid.
โค๏ธPlease, support this idea with like and comment!โค๏ธ
โ
Join My Telegram Channel: t.me/VasilyTrading
โ๏ธYouTube Channel www.youtube.com/c/VasilyTrader
๐ฐInstagram: www.instagram.com/VasilyTrader/ ๐ฐ
โ Facebook: www.facebook.com/VasilyTrading/ โ
โ๏ธYouTube Channel www.youtube.com/c/VasilyTrader
๐ฐInstagram: www.instagram.com/VasilyTrader/ ๐ฐ
โ Facebook: www.facebook.com/VasilyTrading/ โ