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Australian Dollar/Canadian Dollar
Short

AUDCAD Sharp Drop

By DAVID_GIRALDO
Updated
Hello Everyone, AUDCAD just make a very sharp drop which I am anticipating to end up getting rejected. I would like to get in but the risk is too high for me at this price, If it goes toward the low of the candle, I will look into it.

A moment of silence for the accounts trading this pair without a SL
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Wait for a pattern on the 1hr. Price is looking like its begining the impulse.
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Trade active
Seems like it may take off...

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Take off!
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And we have TAKEOFFF!!!!! :D
Very big spike
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Price may pullback to correct and continue to go
do not exit trade
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previous order is set at B.E.
opening a new limit order for this TCP formed on the 4hr as anticipated.
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Closed my profits at one of the highs made when I realized it wasnt taking off with enough momentum to hold.
Waiting for long term structure to be more clear.
Short term Ive traded the correction with trades that have broken even.
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Chart PatternsTrend AnalysisWave Analysis
DAVID_GIRALDO
David K Giraldo
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