UnknownUnicorn6894186

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

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.