BenCheungFx

AUDCAD 4H Inefficient Pricing - 1:10 Risk Reward Trade

Short
BenCheungFx Updated   
FX:AUDCAD   Australian Dollar/Canadian Dollar
This is a very small trade in terms of pips however the potential percentage is huge. There is an inefficiency shown on my analysis and this must be filled before pushing down from this head and shoulders formation.

There are many ways you can incorporate multiple styles together.

Using "smart money" with standard chart patterns and fibonacci can be a great combination!

Focus on learning to understand how the markets move and you'll learn to manipulate Risk Reward in ways you'd never imagine.
Comment:
Stop loss to breakeven or slightly in profit to secure the trade and continue to hold

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