zaidhatem

AUDCAD High risk selling opportunity

Short
FX:AUDCAD   Australian Dollar/Canadian Dollar
The reasons that push me to sell this pair include a sub-trend touching the upper channel, resistance on the large frims, the pair is exhausted from the upside, and the buyers are still in the process of closing the buying positions.

The four golden rules of trading
1 Don't be greedy
2 Always use stop loss
3 Never add other positions to the losing positions
4 Use a suitable lot for your account

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