ewilliams
Long

AUDCAD TRADE 04/07/2018

FX:AUDCAD   Australian Dollar/Canadian Dollar
What looks like a calculated risk has appeared.

The weekly candle hasn't closed yet so it's always risky taking a trade. However, I think price on this pair could rocket. Especially on Friday with all the news coming out.

I'm trying to escape the Friday madness (NFP) and taking this trade now. I'm sure I will be sitting in the trade for the next 3 days while the Market decides where its wants to go but I and ready for this.

Current fib rejection and the rest is clear here
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