blackbayinvestments

AUD/CAD- same trade, with better rReward/ Risk (4:1)

Short
FX:AUDCAD   Australian Dollar/Canadian Dollar
This is the same trade as the sell limit posted earlier this week, now is a good time to enter for a good reward to risk of 4:1.

- For example= risk £20 to make £80
Trade closed manually:
Even though the trade is currently in a small profit, the bearish trendline has been broken, indicating a possible bullish trend. therefore I recommend that you close this trade.

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.