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Bastosai
Dec 4, 2017 11:18 PM

AUDCAD - D - SHORT Short

Australian Dollar/Canadian DollarFXCM

Description

Dear traders,

Here is a new SHORT signal on AUDCAD :
Entry : 0.96329
SL : 0.97933
TP1 : 0.952891
TP2 : 0.93884

Reasons for this short : PAC broken and RSI looking good on daily and monthly. Should see a healthy pullback on 4H.

Trade with your own diligence,
GL HF

Trade closed: stop reached

SL hit! This pair will probably revisit 0.99ish before deeping again.
Comments
ParinD30
Hi, what is pac? Im long on this pair due to cad cautious, nafta talks..aussie strength ..more optimism of a good 2018
Bastosai
@ParinD30, Hi there, thanks for your insight. PAC means Price Action Channel that sums up last lows and highs and make a "channel" to determine usual noise.
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