AUDCAD 4h - short setup
Rejections at 1.003 and 1.004, which also happens to be a historical structure area and a 0.618 fibonacci together with weakening momentum. These key points build this case for me.
Aiming for first profit at 0.994 and final at 0.988
Aiming for first profit at 0.994 and final at 0.988
Note
First target hit, moving stop loss to break even.Trade closed: target reached
Final target hit, position closed
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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.