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AUDCAD descending channel and retest, reversal trend potential

169
As we can see the price has broken through the descending channel and retesting from major trendlie to form a higher low.
right at the Major fibonacci retracement 0.618, and Major trendline and there are some rejection on that level, major trend is bulish
there is high possibility the trend will reversal, provided that prices are not form new LL

SL: 0.9482 (70 pips)
TP 1: 0.965
TP 2: 0.9695
TP 3: 0.9722
RR : Look at the line on the right (lime line)
交易結束:目標達成
快照
TP 1
you can partial close,
there are 2 possibilities :
1 price will recejtion at the resistance line and a triple top is formed to make a new higher low, and continue to go up
2 the price will break through the resistance and continue the rise
交易結束:目標達成
Tp Final has been reached 😀
註釋
快照
seen price bounce at the 1.618 line and formed a double doji, u can sell if u want but High Risk
交易結束:目標達成
TP1

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