Rich_From_Home

AUDCAD 5 Wave inside Rissing Wedge, Reversal Trend Potential

Short
Rich_From_Home Updated   
FX:AUDCAD   Australian Dollar/Canadian Dollar
AUD CAD has formed a rising wedge inside of which there are 5 waves, the daily candle must close below the line for confirmation

SL : 0.9712 (55 pips)
TP 1 : At Trendline
TP 2 : 0.9531
TP 3 : 0.9490
Risk Reward= look on the right (Lime Fibonacci)
Comment:
be carefull stop hunting
Comment:
Half close at BEP
Comment:
Because it has formed a new HL. then we can find where the line 1,618 is
Comment:
TP 1 RR+1.5 (85 pips)
Comment:
Partial close at TP 2 {RR+2.2 (120 pips)}
move sl to TP 1
Comment:
Profit Earned in the Fourth Week: (+1.1*+1.95)
2 trading plan (1 Win, 1 Loss)
* = Floating to
Trade closed: target reached:
Done
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