Trade idea - AUDCAD Long
4H
Corrective approach towards entry zone.
Fibonacci completions aligning with entry zone.
= Confirmation
Instant market execution Buy.
1.5% risk.
Aiming to take full profit at Daily TP.
Corrective approach towards entry zone.
Fibonacci completions aligning with entry zone.
= Confirmation
Instant market execution Buy.
1.5% risk.
Aiming to take full profit at Daily TP.
Note
MONTHLY
Bullish M pattern potentially in play.
Clear support & resistance zone is there.
Ascending trend line holding up the price.
Note
WEEKLY
-27 Fibonacci has been completed.
Note
DAILY
Pattern within pattern potentially in play without Break of last LH.
Inverse Head & Shoulders, Bullish M.
Clear support & resistance zone is there.
Trade active
Involved.Trade closed: stop reached
Too greedy for this one. Stop loss placement was too tight. -1.5% 
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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.