Trading_Tony

Inverted Head & Shoulders - Long Idea

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Trading_Tony 已更新   
FX:AUDCAD   澳元/加元
Good morning traders,

The AUDCAD is facing a change in trend with an inverted head and shoulders formation setting up.
There has also been a channel breakout from the falling trend line.

The AUDCAD has set up a higher low suggesting a bullish trend with the 23% FIB retracement providing support.
Any SL will need to go below the most recent swing low with the take profit targets going near the 1.618% FIB extension.

Any thoughts or comments are welcome!
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