WeBelieveInTrading

AUDCAD Sell TF D1 TP = 0.8757

Short
FX:AUDCAD   Australian Dollar/Canadian Dollar
On the D1 chart the trend started on Nov. 30 (linear regression channel).

There is a high probability of profit taking. Possible take profit level is 0.8757

But we should not forget about SL = 0.9044

Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!

Good luck!
Regards, WeBelieveInTrading

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.