AUD/CAD D1 chart
I will having a new trading plan for this pair. Because of the recent price movement, I just noticed that this is making a pennant. Judging from my other indicators, I strongly believe that the price will go up. But just in case I am wrong, I will be placing 2 trades in here. A long entry at 0.978 and a short entry at 0.948.
If the price still continue to make the pennant, I will be changing my long and short entry to the most recent swing high and swing low.
I will having a new trading plan for this pair. Because of the recent price movement, I just noticed that this is making a pennant. Judging from my other indicators, I strongly believe that the price will go up. But just in case I am wrong, I will be placing 2 trades in here. A long entry at 0.978 and a short entry at 0.948.
If the price still continue to make the pennant, I will be changing my long and short entry to the most recent swing high and swing low.
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