AUDCAD 4h - short setup

Jul 20, 2017

Rejections at 1.003 and 1.004, which also happens to be a historical structure area and a 0.618 fibonacci together with weakening momentum. These key points build this case for me.
Aiming for first profit at 0.994 and final at 0.988

Jul 21, 2017

Note

First target hit, moving stop loss to break even.

Jul 26, 2017

Trade closed: target reached

Final target hit, position closed