AUDCAD, Long on Broken Trendline

This pair has been bearish for months, there was a breakout before which was false and resulted in a steeper downward move.
Therefore wait for a retest of the trendline/support before entering the trade

Kommentar:

Failed to break resistance. Lets wait for a breakout of the resistance line and a retest of it before entering a long

Kommentar:

nice rally. still expecting a full back so i can re-enter.

Kommentar:

No retracement has happened. I don't blame AUD. It was brutalised by CAD for months.
I still think price will drop to .9710 area so I can buy. wish me luck

Trade ist aktiv:

Retracement has happened. we are now in the trade!

Kommentar:

We entered around the 9710 mark and now looking to go up