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Possible AUD/CAD Short Position!! By Ben Wright

Short
Australian Dollar/Canadian Dollar (FX_IDC:AUDCAD)  
SMPTrader  
FX_IDC:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators AUDCAD audcadshort setups setupoftheday strategy forexsignals forexmentor mentoring mentorship
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trendanalysis chartpattern indicator audcad audcadshort setups setupoftheday strategy forexsignals forexmentor mentoring mentorship
SMP Trading
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY

Chart time frame - H4
Timeframe - 1 Day
Actions on -
A – Activating Event
Currency Pair creating a Double Top
B – Beliefs
Market will meet resistance @0.946 level and fall to the @0.94 level. In order to enter, the pair needs to be rejected by the Bollinger Band line

AUDCAD

Trade Management
Entered @ Sign up for mentoring
Stop Loss @ Sign up for mentoring
Target 1 @ 0.94
Target 2 @ 0.

Risk/Reward @ 2.1

Happy trading :)


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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Follow your Trading plan, Remain disciplined and keep learning !!

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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
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