AUDCAD - 100+ pip opportunity!!!!

٢١ أبريل ٢٠١٩

Here we have a symmetrical wedge pattern. Price has created many rejection candles on resistance zone so wont be breaking out the wedge. Price has broken uptrend. Expecting Price to drop to the .50 Fib level where there is alot of price action and also meets up with the symmetrical wedges support as you can see so it looks like the price is meant to meet up in between at 0.9441.