AUDCAD Long.
Swing Trade consideration for Week 13 to 17 March 2017

AUDCAD - D1

Currently AUD is strong, Gold is weak, thus CAD is weak. On D1, Price is testing vertical blue line (also 50% on Fibonacci) but not yet at 21EMA (32.8% on Fibonacci)

Source: MT4 TradersWay Demo Account

AUDCAD - H4

On H4, Price is in a Wedge, 5, 8 21 MA’s all together. Wait for new Weekly Pivot Points. If Price breaks upwards and closes outside of Wedge, Enter the trade.

Source: MT4 TradersWay Demo Account

AUDCAD - H1

On H1, Price is Ranging

Source: MT4 TradersWay Demo Account

One thought on “AUDCAD – Long / Bullish”

  1. Daniel Jonson says:

    NZDCAD seems to be a good long this week too – if you feel like diversifying some of your CAD positions

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