PierceKingston

AUD/CAD Long Support and Resistance: SL - 0.86751 TP - 0.89988

Long
PierceKingston Updated   
FX:AUDCAD   Australian Dollar/Canadian Dollar
AUDCAD Was looking to see if there was a bounce or a break off the resistance line at 0.87520, I saw that there was a break so I decided to go for it. SL pretty low due to if it did try to comeback and retest, I didn't want to take any chances with it falling through. TP pretty high but making sure if price starts to bounce off the second resistance line at 0.87520. This is my first of ideas so bear with me I'm just sharing my thoughts

ENTRY: 0.87226
SL: 0.86751
TP: 0.89988
Trade closed: stop reached

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