Lingrid | AUDCAD breakout of the Downward CHANNEL

The price perfectly fulfills my last idea. The market moved up from support and hit the target. The market has tested the support level and rebounded from it, forming a double bottom. The price broke out of the downward channel. The market is heading toward a resistance zone. I think if the market pulls back and rejects the support level and trendline, then we can see bullish moves. I expect the price to retest the resistance zone because the market shifted to bullish on the 4H timeframe. My target is the resistance around  0.89200


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻