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kitchen_trading
Feb 5, 2020 10:39 AM

2 short trades for #AUDCAD Short

AUD/CADOANDA

Description

#AUDCAD touched an important resistance and the upper trendline of the bearish channel on Daily.
Maybe, it's not enough to enter for a short but we can start to build our "cage" with low size.

The strong bearish movement will probably begin from 0.9033 which is a previous high impulse (Jan 23rd).

So we can suppose for a double trade:

1.
Entry point: 0.9033
SL: 0.90513
TP1 0.9001 (for an Intraday Trade)
TP2 0.888

2.
Entry point: 0.8986
SL: 0.90513
TP1 0.888
TP2 0.882

Trade closed: target reached

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