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IAmTheDisciplinedTrader
Jun 21, 2018 4:08 PM

AUDCAD SELL VIDEO BREAKDOWN Short

Australian Dollar/Canadian DollarFXCM

Description

SELL
Entry: .9815 - .9820
TP1: .9790
TP2: .9740
TP3 (Swing): .9300
SL: .9850
Risk/Reward: 2.33
• All signals are at your own risk. Please use proper risk management. We suggest never risking more than 5% of your balance on one trade. Trading carries a great deal of risk, be careful! Loss streaks come just as easy as winning streaks. If you use risk management your account will grow overtime.

Following 1H Bearish Trend .
Pullback almost 100%
Price broke outside the support of the consolidation.
After pulling back again, the market gave us a 1H engulfing candle.

A look at the 4H shows a break of Counter-Trend Line and a pullback to resistance.
Expect price to follow daily bearish tendency.

500 Pip Move.
Comments
SreenuVasan
it will go up
IAmTheDisciplinedTrader
@SreenuVasan, you nailed it! 4HR structure never broke, got in too early. Thank you!
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