mnurarif_

POSSIBLE MOVE FOR AUDCAD? PLS COMMENT.

Short
FX:AUDCAD   Australian Dollar/Canadian Dollar
AUDCAD right now is choppy, very risky to make any entry. But, I will take the risk. Now, I will explain the chart & my technical analysis .

From the current price @ 0.98195, I bet it will go down to 0.98000. Why? It completed my technical analysis for choppy market:

✔ 2nd hill is higher than 1st hill.

When I see this, I assume my BUY setup is COMPLETED. So, here is my pending order:

(SCALPING) Sell Stop @ 0.98180
SL - ???
TP - 0.98000

(SWING) Buy Limit @ 0.97944 - 0.97900
SL - ???
TP - 0.98285

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