AUDCAD Long

AUDCAD has been showing signs of reversing the mid/long term trend. Reasons why I am looking to enter long on this pair are:

1) Key Moving Avg crossover on Daily TF
2) Prior high has been taken out; New Higher Low/High
3) Double bottom on daily, at prime Fib levels

I will wait for price to break and close above the CTL.

Feel free to let me know if you have any questions, or feedback!

Happy trading.