Trade idea - AUDCAD Long
Updated
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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