RaynLim

AUDCAD retest of high to short as lower-low is created

Short
FX:AUDCAD   Dollaro australiano/Dollaro canadese
Structure-based trade.
Candle has close below the previous low, indicating a possible of continuation of a bearish trend. Looking for market to retest previous high and look for indecisive candle follow by a bearish candle to short the currency pair. Single target for this trade.

Retest of previous low, I'll place my Stop-Loss at Entry, pertaining a risk-free trade.

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