AUDCAD - Sell Opportunity - Bollinger Band Breakout
Updated
AUDCAD shows a clear reversal on the daily chart. A Bollinger Band squeeze has set up a very strong Bollinger Band breakout on the 4H chart. RSI was recently overbought. TP set at fib retracement levels 61.8 + 100%. I have entered short upon 4H candle closing strongly through the lower Bollinger Band.
Trade active
Comment
Currently: +146 pips still more to come.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.