AUDCAD - Reversal has happened
Updated
AUDCAD nicely rejected from the daily key level and is now in a downtrend on the lower timeframe. The trade entry suggested is an OTE entry above the 0.5 level from the recent swing on the 1H.
I am expecting the order block around 0.894 to give some upward reaction. If it breaks, then we are heading lower.
Please feel free to share your thoughts, comments and criticisms.
I am expecting the order block around 0.894 to give some upward reaction. If it breaks, then we are heading lower.
Please feel free to share your thoughts, comments and criticisms.
Trade active
Trade is tagged and running in profit. Will take profit just before the swap hour. Might re-enter once the "dust" settles down.Trade closed manually
Closed just before the swap hour.
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