AUD/CAD: Nice opportunity this week!
Updated
Hey guys,
It looks like we have an inverted H&S pattern on this pair.
RSI is moving higher forming a nice bullish divergence on H4.
I will be looking to buy as soon as I have a bullish evidence around the area as shown in my chart, it may correct a little bit more.
1st target will be the neckline, then the fib level.
Trade with care!
Any like/comment is highly appreciated!
Cheers
Jesse
It looks like we have an inverted H&S pattern on this pair.
RSI is moving higher forming a nice bullish divergence on H4.
I will be looking to buy as soon as I have a bullish evidence around the area as shown in my chart, it may correct a little bit more.
1st target will be the neckline, then the fib level.
Trade with care!
Any like/comment is highly appreciated!
Cheers
Jesse
Comment
Trade closed manually
The pattern has changed with a new low
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