long trade: AUDCAD

Here you see a long trade in the AUDCAD, which I have implemented as a Forex trader. One reason for the entry into Long direction was the trendline (dark green), which the course has tested. It represents a psychological support and as expected the course could not break down this hurdle. The course has been in an uptrend since the end of 2016 and was also a motive for this long trade. In order to see the course of this pair better, we now look at the 15min Chart.