forexjunkie33

2618 trade on the AUD/CAD 1hr chart

Short
FX:AUDCAD   Australian Dollar/Canadian Dollar
2
We have had a confirmed double top by the current break of structure and also had the retracement in to the 0.618 fib level. This trade has an excellent R/R Ratio

Entry was at 1.0130

Stops are at 1.0170

Target 1 is at 1.0020

Target 2 is at 0.9920
Comment:
Target 1 hit for + 110 pips

Roll stops to break even for target 2
Trade closed: stop reached:
Target 2 stopped out for + 50 pips

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