mrrosstrader

AUDCAD - Long Opportunity

Long
mrrosstrader Updated   
FX:AUDCAD   Australian Dollar/Canadian Dollar
AUDCAD

The RSI is oversold on the daily chart and we can see that the market made a retest of the current level several times. It gives us a good chance for taking a long trade and get around 190 pips of profit, risking just a little more than 90 pips.

Have a nice trading day ;)
Trade active
Comment:

It looks like it went to re-test previous big resistance and I am still in this trade
Trade closed: stop reached

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