Candlesticks on AUD Showing Signs of Bulls Stepping in

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I got stopped out of my long AUDUSD trade recently, unfortunately, but to me the pattern still seems valid. And so I'm going long AUDCAD. I think the recent hammer candlestick is a sign of bulls stepping in and defending 1.0153, and so I've set my order to go long at 0153 with my stop at 0094 and my target profit at 0335.

informedtrades.com

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