AUDCAD Short

By jonjaytx
Updated
ENTRY: 0.9490
SL: 0.9530
TP: 0.9440

Possible short trade.
Price technically closed outside the Kumo with a bearish Kumo twist. Although it does appear the market might be entering a ranging period, all we can do is wait and see.
Bearish Kumo twist, price below Kijun, and previous fractal broken.
Comment
I was stopped out on this trade, but it is still live on the charts.
My stop may have been too tight for my broker.

Either way, I consider this trade a success. Followed my rules to the letter!

On to the next one!
audcadshortichimokukinkohyoTechnical IndicatorsTrend Analysis
jonjaytx

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