Bulls are really pushing this pair up making an ascending pattern that usually breaks higher but around 1.01000 is an important tl and i think we might see a bigger retrace from there, trade safe and good luck!
And we have the breakout as expected.
Price went right to my tl, i am still following my original plan and i think we gonna go down to test the breakout and tl.
Channel is broken like i expected, we should go down a lot more.
We are almost here now at the support and i am watching this closely for a potential bounce from this level.
With those 2 targets on my last update reached, i made another update with a possible idea on AUDCAD.
I mean except the long trade which I assume you took all profit up to the tl, did you go short anywhere?
I am just trying to understand triangles more and see if they are high probability patterns or we can't say until there is a strong break and pull back.
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