AUDCAD SHORT TRADE SETUP
Updated
Good morning Traders:
AUDCAD has found resistance on the higher time frame around 1.0225, and the 1 hr chart broken down the support trend line. Waiting for a lower high to develop to confirm the short entry.
Target 1: 1.0155 (2% Profit)
Target 2: 1.0100 (3.83% Profit)
Thank you for your support and feedback.
AUDCAD has found resistance on the higher time frame around 1.0225, and the 1 hr chart broken down the support trend line. Waiting for a lower high to develop to confirm the short entry.
Target 1: 1.0155 (2% Profit)
Target 2: 1.0100 (3.83% Profit)
Thank you for your support and feedback.
Note
Trade active
Enter the trade @ 1.0190 as the rejection of the horizontal resistance line @1.0200.Date: 04/27/2017
Time: 00:00 GMT
Trade closed manually
1 HR formed a double bottoms, manually exit trade @1.0145 for 1.5% profit.Date: 04/27/2017
Time: 07:00 GMT
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