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YZumbrunnen

Potential continuation of the downtrend

Short
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
YZumbrunnen  
FX:AUDCAD   Australian Dollar/Canadian Dollar
audcadshort AUDCAD trendcontinuation Trend Lines
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audcadshort audcad trendcontinuation trendline
Potential short after the small retracement to the bigger downtrend line.
Stop above recent highs and target at a longtime support level .

Waiting for confirmation of the countertrendline break

Comments

YZumbrunnen
Took me into the trade and then went stright to the stop loss. Bad trade as I forced this one because my last trade was long time ago.
Lesson learned: Never force a trade. And only trade good setups.
Reply
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