Going Long on AUDCAD.

٢٣ مايو ٢٠١٧

In my opinion the hourly bearish channel will be breaking long soon. The daily trend line displayed since the beginning of the year is approaching and if you look at the daily chart, there is an ascending triangle pattern that has long been in the works. This is the reason I believe going long is the way to go. Please Trade at your own risk. Happy Trading.