Are you looking for long opportunities on the AUDCAD?

Good… because me too. I like the way it is trading on the long term charts, being rejected consistently from the same S&R levels. Earlier today the rejection from the bottom of the range was confirmed; it triggered a bullish market condition, therefore I’ll be looking for long opportunities on the AUDCAD:

As long as the AUDCAD trades above 1.0215 I’ll keep looking for long opportunities. If I take a long trade I’ll set my take profit order below the next LT resistance level of 1.0536

All short opportunities will be ignored.

Trade Safe!

Raul Lopez
Forex Course

Tags:


Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .