AUDCAD SELL SETUP
AUDCAD HAS BEEN LOOKING BEARISH FOR A WHILE AND THE RETEST OF THE PREVIOUS SUPPORT ZONES GIVES US A NICE BIAS TO BUY
OUR AIM IS AT THE 0.5 FIBONACCI WHICH NEAR MATCHES A PREVIOUSLY RESPECTED ZONE
A 1:2.5 HAS BEEN SET OUT FOR THIS TRADE AND PROPER RIST MANAGEMENT SHOULD BE OBSERVED
OUR AIM IS AT THE 0.5 FIBONACCI WHICH NEAR MATCHES A PREVIOUSLY RESPECTED ZONE
A 1:2.5 HAS BEEN SET OUT FOR THIS TRADE AND PROPER RIST MANAGEMENT SHOULD BE OBSERVED
Note
WE WERE ABLE TO CLOSE OUT WITH SOME PROFITS FROM THIS BEFORE PRICE MADE A COMPLETE REVERSAL
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.