Audcad Strong resistance

Updated
Audcad was uptrend this week,, but the way its moving up, is compressed,,, now it have reached d1& w1 resistance,,

Compression can be seen at tf h4,h1,,

Im selling this at 0.89854

Tp 1 :0.87977

Very good risk and reward ..
Trade active
P.o triggered
Trade active
-20 pips, my maximum sl 50 pips
Order cancelled
Ive hit my sl,, but few trader still looking for rejection candle or pattern. But i have to followed my sop ..

If u still looking to sell
>>>0.91870 is the next fresh sbr(support became resistance ) montly.

Next minor resistance is at 0.91033 monthly.. tq and im out of this trade,, but remember the candle hasnt close yet, it might creating a fakeout, fake breakout so search your own confirmation to sell this..✌️
AUDCADcompressionmalaysiaresistenceSupport and Resistance

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