Potential BUY opportunity in the AUD/CAD pair.
Updated
Aussie and Canadian Doller pair is forming a AB=CD pattern in H4 chart.If current price is reach to the 0.95026 price the AB=CD pattern will be complete at that price.Then we can enter a long with two potential take profit target.First target is 38.2% fibo retracement of A to D and second target is 61.8% fibo retracement of A to D.Place your stop loss according to your reward risk ratio.
Note
Price is reach to the D pointNote
I was entered into the tradeNote
Pattern not valid because price broke the D point. My trade hit SLTrade closed: stop reached
Note
But market was reversed below the D point
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