AUDCAD SHORT TRADE SETUP

Good morning Traders:

AUDCAD has found resistance on the higher time frame around 1.0225, and the 1 hr chart broken down the support trend line. Waiting for a lower high to develop to confirm the short entry.

Target 1: 1.0155 (2% Profit)
Target 2: 1.0100 (3.83% Profit)

Thank you for your support and feedback.

Commento:

Trade attivo:

Enter the trade @ 1.0190 as the rejection of the horizontal resistance line @1.0200.

Date: 04/27/2017
Time: 00:00 GMT

Trade chiuso manualmente:

1 HR formed a double bottoms, manually exit trade @1.0145 for 1.5% profit.

Date: 04/27/2017
Time: 07:00 GMT