AUDCAD LONG 4 HR BREAK AND RETEST TRADE SETUP
Updated
Hi traders!
Here is a good opportunity to go long on AUDCAD
Enter the LONG position @0.9725 as the 4 HR chart broke out of resistance trend line, retested
20/50 EMA, main pivot, and previous resistance trend line. Massive MACD divergence
Target 1: 0.9785 (1.5% Profit)
Target 2: 0.9855 (3% Profit)
Thank you for your support and feedback.
Trade: #6 (2017)
Date: 01/10/2017
Time: 02:00 GMT
Here is a good opportunity to go long on AUDCAD
Enter the LONG position @0.9725 as the 4 HR chart broke out of resistance trend line, retested
20/50 EMA, main pivot, and previous resistance trend line. Massive MACD divergence
Target 1: 0.9785 (1.5% Profit)
Target 2: 0.9855 (3% Profit)
Thank you for your support and feedback.
Trade: #6 (2017)
Date: 01/10/2017
Time: 02:00 GMT
Note
DAILY CHART: WEEKLY CHART:
Trade closed: target reached
4 HR chart hit my first target @0.9785 area, can exit the trade now for 1.5% profit or hold through pullback and target 0.9855 for 3% profit.Date: 01/11/2017
Time: 15:00 GMT
Trade closed: target reached
Now the price has hit my Target 2 @0.9855 for 3% profit.
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