Technician
Short

AUDCAD: Resistance confluence and a bearish candle pattern

FX:AUDCAD   Australian Dollar/Canadian Dollar
839 4 4
This is already late, however i just wanted to illustrate a clear example of technical confluence that provide high probability trades. It was optimal to short near that resistance area on the week following the major gravestone doji week.

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Good luck, keep your stops tight..
My best regards
Technician
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I don´t think is too late, actually I´m entering short if today closes below 0.98 for a target @ 0.94

AUDCAD
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Technician TOP Realisto_FX
2 years ago
could be the case, but i am a bit too conservative, i would want to see more short term confirmation to short near levels, specially that a stop would be far in my approach..
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St_Forex
2 years ago
Target 1 achieved. Thanks
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Technician TOP St_Forex
2 years ago
thanks neddo
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