AUDCAD short again

After yesterdays successful run down, price testing again distribution area. If attempt is failing another higher high we can run short again. The SL is at the most reasonable risk minimum area which is 10 pips only which is accurate enough.
TP. 0.88584
SL: 0.89100
Entry now: 0.88985

please trade on your own risk.

Trade active

BTW, if you are not an aggressive trader you could wait until the red arrow has been violated with a full body candle

Trade closed: stop reached

sorry guys SL hit. if you can see the red arrow on the bottom. before we couldn't violate this area and price went up. After that i checked short again, i hope your SL was near as i indicated and had minimum damage.
See you soon with new idea

Badi_Gunnars

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