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SMPTrader
Feb 11, 2019 1:33 AM

Possible AUD/CAD Short Position!! By Ben Wright Short

AUSTRALIAN DOLLAR / CANADIAN DOLLARICE

Description

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

FX: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!
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