From all indications, Aussie bulls arent tired. a look across - TopicsExpress

From all indications, Aussie bulls arent tired. a look across aussie pairs show imminent strength. Theres an A= C formation on the daily frame of audcad. Interestingly, the E leg ended bearish without breaching the start of D. If price must follow the natural sequence of this formation, then what remains is a steep up move. Its a trade worth risking a few dolls on. Heres what i plan to do. Ill buy audcad @ mkt open with a stoploss @ 1.0000, just fifty pips below the current price. Then aim for a target @ 1.0350. Im risking 50 pips to make 300pips. Join me if u find it appealing. Stay out if it doesnt tickle your fancy. A trade for the BOLD.

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