Koutta

AUDCAD Price Action Long

Long
Koutta Updated   
FX:AUDCAD   Australian Dollar/Canadian Dollar
*Personal Journal Only*
Just got Long on AUDCAD on 1h chart with price action.
Reasons: Bullish trend, with a pullback, buyers start to come, and then a slowdown on the test on 15m chart.
Entry @0.99461
Stop @0.99125
Profit @0.99939
Potential R:R: 1.42
Comment:
Going to sleep. Will see how it goes tomorrow.
Comment:
We are getting big Seller pressure, will try to reduce risk ASAP.
Comment:
Moved stops to 0.99244 (1 ATR below low) to reduce risk.
Comment:
Trade lasting more than expected, going to suffer wednesday Swap.
Trade closed: stop reached:
Took a small hit of 0.64 R.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.