AUDCAD STRUCTURE DECONSTRUCTION| TRADING PLAN

The pair has broken out of the long term bearish resistance, got above an important mirror level, and is now storming another horizontal structure with the bullish triangle!

Trading plan:

Wait for the CONFIRMED breakout of the triangle wither way, and then enter the trade after the pullback.

The pair either goes hither, or returns to the previous diagonal support line, which is rather close to the horizontal support.

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Yorum:

Watch it, the price is at the level again.