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Stargazer_fx
Aug 23, 2020 4:20 PM

AUDCAD, wait for confirmed breakout and retest to Sell.. Short

Australian Dollar/Canadian DollarFXCM

Description

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AUDCAD
The price is close to Support/resistance level ,wait for the confirmed breakout and retest to sell,after a pullback If price shows rejection from the level I expect the price to continue lower..


For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 4hr timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..

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Comments
Underground_trader
Thanks for sharing
Underground_trader
Great work
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