AUDCAD Daily chart analysis - simple and useful pattern
Hello! everyone
In the weekly chart, we can seen the smaller triangle convergence was break at the 4/25.
Then the price is retry the triangle's lower edge, so we can short here.
Then set the take profit point on the bigger one triangle convergence's down side.
Simple is the best!
In the weekly chart, we can seen the smaller triangle convergence was break at the 4/25.
Then the price is retry the triangle's lower edge, so we can short here.
Then set the take profit point on the bigger one triangle convergence's down side.
Simple is the best!
Trade closed manually
Trade closed: stop reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.