Market watch $AUDCAD 2/21/2017

 Every week a new trading opportunity! When you see a setup and you need support we are here! Never miss a good trade.

On our market watch, today is AUDCAD. The pair is breaking the ascending triangle and is opening the further upside continuation. There is a good risk reward for establishing long trades targeting the length of the triangle almost 250 pips.

The possible trading strategy is going long at the market with SL below 1.0050 level.

Happy trading! (click on the chart to enlarge it)

 

audcad trend following strategy

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