FX:AUDCAD   Australian Dollar/Canadian Dollar
35 3
Previous idea played out a treat. Retracement occured to expeted level and first target at 3.5 to 1 RR has been hit. Heading up nicely to 10 to 1 RR now.
Trade active: Trade 2 heading up nicely. Now past 5 RR and heading nicely towards trade 2 target and 10 RR.
Trade closed: target reached: Trader closed at forger at 10:1
2nd part of the trade still open and had a further bounce of the major trendline. New lower highs forming though so might reverse. Stop at breakeven already though.
Price continues to head north in the right direction for the trade. Now at around 6 RR and closing in on 10 RR target for 2nd part of trade. Trade is free trade with stop at break even.
After a short pause, the long trade is going well after part 1 closed at 3.5 RR, trade 2 continues to go in right direction and is risk free.
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