AUD/CAD: Ascending Triangle (not valid yet)
Updated
AUDCAD is in the final steps to complete an ascending triangle. The last touch on the ascending trend line still has to be completed, followed by a bullish breakout through resistance. Without this confirmations, there is no valid setup yet. A break to the downside will not be considered as quality trade entry.
TP at triangle height.
SL below last swing low.
Trade active
Price found support on ascending triangle trend line and closed the bullish breakout candle above resistance. -> Entry as breakout traderTrade active
Trade closed: stop reached
SL hit
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