AUDCAD LONG 4 HR BREAK AND RETEST TRADE SETUP

Hi traders!

Here is a good opportunity to go long on AUDCAD

Enter the LONG position @0.9725 as the 4 HR chart broke out of resistance trend line, retested
@20/50 EMA, main pivot, and previous resistance trend line. Massive MACD divergence

Target 1: 0.9785 (1.5% Profit)
Target 2: 0.9855 (3% Profit)

Thank you for your support and feedback.

Trade: #6 (2017)
Date: 01/10/2017
Time: 02:00 GMT

Commento:

DAILY CHART:

WEEKLY CHART:

Trade chiuso: obiettivo raggiunto:

4 HR chart hit my first target @0.9785 area, can exit the trade now for 1.5% profit or hold through pullback and target 0.9855 for 3% profit.

Date: 01/11/2017
Time: 15:00 GMT

Trade chiuso: obiettivo raggiunto:

Now the price has hit my Target 2 @0.9855 for 3% profit.