AUDCAD - Technical Analysis [Short Setup]
🔹 AUDCAD Analysis on 1H chart
- The current Trend is BULLISH
- There is BEARISH divergences
- Reversal pattern is present which is rising wedge
🔹 Trade Plan
- Entry Level = 0.93494
- Stop Loss = 0.93746
- TP1 = 0.93264
- TP2 = 0.93008
🔹 Risk Management
- First TP is 1:1
- Second TP is 1:2
🔹 How to Take Trade?
- Only risk 2% of your portfolio
- Take 1% risk entry with 1:1 RR
- Take 1% risk entry with 1:2 RR
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- The current Trend is BULLISH
- There is BEARISH divergences
- Reversal pattern is present which is rising wedge
🔹 Trade Plan
- Entry Level = 0.93494
- Stop Loss = 0.93746
- TP1 = 0.93264
- TP2 = 0.93008
🔹 Risk Management
- First TP is 1:1
- Second TP is 1:2
🔹 How to Take Trade?
- Only risk 2% of your portfolio
- Take 1% risk entry with 1:1 RR
- Take 1% risk entry with 1:2 RR
Like and subscribe to never miss a new idea! ✌🏼
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.