Adding a short position to AUDCAD once price retests level 0.89602, if it continues to rise and settle above our 50% fib (0.89698) the trade will become invalid.
Take Profit:
TP1: 0.89363 (+0.27% Increase)
- When TP 1 hit adjust stop loss to break-even.
TP2: 0.89100 (+0.56% Increase)
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