Mô tả
⋅ Note: AUD/CAD is following what we predicted
last week and 2 weeks ago.
Overall, we are bearish on this pair.
We are looking for the price correction/pullback to
the resistance zone near 0.977 level and a bearish
signal to short with the right risk.
It will be a high R/R ratio trade :)
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⋅ Zoom into H4 Chart, the price pullback to the support resistance line at 0.978x level and having a 2B Reversal signal.
A good signal to short.
EP: 0.97540
SL: 0.99177
TP1: 0.96188
TP2: 0.94018
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⋅ The price is moving down now.
This time, we will carry the trade over weekend.
So we decided to move SL to Breakeven point.
Now it is a risk free trade :)
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⋅ AUD/CAD is approaching our TP1.
Remember to shift our TP1 to TP2 :)
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⋅ Now, we move our TP1 to TP2 at 0.94163
Đóng lệnh: dừng lỗ
⋅ Hit our Breakeven Stop Loss.
We look for another opportunity to entry the trade again