AUDCAD triangle
Aktualisiert
Hello traders,
A triangle has been formed in the chart! This is the path suggest for the pair. However Due to news release of Canada, there might be some surprises in the path, I have my positions open with lower volume and will move my SL to just the point of news release.
Any breaks out of triangle would make new setups available.
Best regards, Ali
A triangle has been formed in the chart! This is the path suggest for the pair. However Due to news release of Canada, there might be some surprises in the path, I have my positions open with lower volume and will move my SL to just the point of news release.
Any breaks out of triangle would make new setups available.
Best regards, Ali
Anmerkung
Fortunately as I said before I've closed most parts of my positions before the news release the rest of them hit the SL. However the SL won't work properly after the news release. On the other hand my long positions did not get activated! I was hopping to find reasons to long the pair around 0.9060 to 0.9080.
We will observe the triangle breakout in the next week
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