AUDCAD seems to be retesting a solid area of support after putting in a double bottom and forming a 'w'
For now, I am looking for a higher high, followed by a higher low before going long. My idea is to put in three orders, with three different take profit strategies. First two are marked on the chart, with the strategy for the 3rd being a trailing stop in the case it breaks out even further.
For now, I am looking for a higher high, followed by a higher low before going long. My idea is to put in three orders, with three different take profit strategies. First two are marked on the chart, with the strategy for the 3rd being a trailing stop in the case it breaks out even further.
Trade closed manually
Looking like a failed trade plan, closed out
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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.