AUDCAD 3H Short
The price has broken below the Ichimoku cloud following a period of consolidation, signaling a confirmed downside move. Currently, it is trading near the retest levels of the Tenkan-sen, Kijun-sen, and the cloud. A short position will be initiated during the Tenkan-sen and Kijun-sen crossover, or after a successful retest.The trade is structured with a minimum risk-reward ratio (RRR) of 1:2, setting the stop-loss above the Kijun-sen at the time of the crossover and above the Ichimoku cloud for added safety.
Note
Trade target reached before entry was triggered.Note
Trade reached partial take profit
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