AUDCAD Long Trade Setup

Hello Traders

After it made the all-time low, it went up and then made a complete regular flat in 1W. After that, it made a reversal impulse and correction. The last bottom you see here can be the end of that correction which is a regular flat. As you can see it got a reaction from 0.786 retracement level and the upward wave can be the reversal impulse. Now, I’m waiting for a small down impulse for the completion of running or expanding flat. Then I’m going to place a pending order above the top. My minimum target is the breaking of the last top which means 0.978 and my main target is any price level over 1.028.

For more details and the daily updates please watch my daily analysis videos on Youtube.
Trade with care.
Bulent