AUDCAD SELL (SHORT)
Updated
Our time frame trends have finally aligned beautifully. Market structure has presented bearish trends from the weekly time frame to the 15 minute time frame. Now that we've waited patiently for our structures to align, a reversal candlestick pattern has printed on the 1H. I'm waiting for a pullback to at least the 38.2% on the 15min and an engulfing candle to enter this trade for quite the short.
Entry: 0.9790 - .9800
SL: 0.9825
TP1: 0.9760
TP2: 0.9700
TP3: 0.9630
TP4: 0.9566 (1H Fib Extension)
TP5: 0.9305 (Daily Fib Extension)
• All ideas are at your own risk. Please use the appropriate risk management. We suggest never risking more than 5% of your balance in a trade. Trade carries a great risk, be careful! Loss streaks come as easy as winning streaks. If you use risk management, your account will increase with time
Telegram: t.me/joinchat/AAAAAEymosldjV60f4n7hw
Entry: 0.9790 - .9800
SL: 0.9825
TP1: 0.9760
TP2: 0.9700
TP3: 0.9630
TP4: 0.9566 (1H Fib Extension)
TP5: 0.9305 (Daily Fib Extension)
• All ideas are at your own risk. Please use the appropriate risk management. We suggest never risking more than 5% of your balance in a trade. Trade carries a great risk, be careful! Loss streaks come as easy as winning streaks. If you use risk management, your account will increase with time
Telegram: t.me/joinchat/AAAAAEymosldjV60f4n7hw
Trade active
TP3 FINALLY Hit +170 Pips
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