UnknownUnicorn1118164

POTENTIAL DOUBLE JACKPOT |H4| Short & Long

Short
FX:AUDCAD   Australian Dollar/Canadian Dollar
We have a clean down trend channel on the Daily chart and this lovely butterfly is flying within that channel, presenting a potential shorting opportunity. As is with my trading strategy, I never neglect a "C" point opportunity if I believe in the "D". Nonetheless, this is clearly a down trend setup and so you have to be careful with the C trade. Sometimes I catch the C and miss the D, sometimes I catch both and several times, I miss the D :)
Good Luck

Here is what I see on the Daily:


Always remember this quote "If you can't take a small loss, soon or later you will take the mother of all losses" :)
Trade active:
Sell limit orders filled at 0.97873 & 0.97874
Trade closed: target reached:
T1 reached. Profit = +50pips
TP2 reached. Profit = +102pips
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