AUDCAD In Bearish Trend ( Fundament + Technical )

8 thg 8

According to seassionality AUDCAD is bearish from mid July. I already mentioned buy entry with stop loss on the chart.
Moreover in COT report AUD positions of Smart Money is also decreasing from last two weeks.
If we allign seassionality + COT Data + Technical (4H Bearish Trend) We can clearly see a bearish trend.

Happy Trading :)

8 thg 8

Ghi chú

Previous trade SL hit.

I took the second trade with DOUBLE Risk
sl of 0.90690
Entry: 0.90384
Tp 1:2