AUDCAD sell - looking for rejection around either the 61.8% or the 78.6% for it to roll over to the downside. Watch the region of the two purple boxes for a doji or spinning top formation on the 4hr time frame to take a short position.
Take partial profits at the 0% -20% and finally the -61.8%.
180 PIP gain 5.5/1 RR
Take partial profits at the 0% -20% and finally the -61.8%.
180 PIP gain 5.5/1 RR
Trade active
Trade closed: target reached:
185 pip gained