daphcajoseph

daphcajoseph

This is a follow up update on a previous Idea profit 1 has been hit looking forward for profit 2.

daphcajoseph Updated 

every sign has been saying sell this, the head and shoulder pattern, this XABCD pattern. please trade carefully.

daphcajoseph

I can see two different trades here. I will watch to see which path AUDCAD decides to take. I wouldn't enter for buy until above blue line or sell until under second blue line.

daphcajoseph

See chart

daphcajoseph

Buy now place stop loss 164

daphcajoseph

Trade at your own risk

daphcajoseph

This is a bit of a risky trade just because we are trading against the trend, but price has face some resistance and could fall to 105.1. I placed my sl right above that red line

daphcajoseph

See chart, trend line has been broken and is being retested

daphcajoseph

Take at your own risk. Account management is very important.

daphcajoseph

See chart

daphcajoseph

Three drivers pattern has form, sell at retracement, long term trade, small lot can yield nice profit in time

daphcajoseph

ABCD pattern has form, sell at retracement, long term trade, small lot can yield nice profit in time.

daphcajoseph

Use good account management

daphcajoseph

Wait for retrace before entering

daphcajoseph

Use good account management

daphcajoseph

Use good account management. If you want to be safe wait for breakout of the triangle

daphcajoseph

The up trend is over for the time being, wait for retest. Use good risk management

daphcajoseph

Long term trade use good account management