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ICFX
Apr 13, 2018 10:40 AM

Bearish reversal signs on AUDCAD 

FX:AUDCAD60
Australian Dollar/Canadian DollarFXCM

Description

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Low risk / high reward. High probability "go with a trend" trade. On 4 hrs timeframe we also bounced off 50 ema and upper side of bollinger bands. On 60, 240, Daily and weekly we are in downtrend - all below 200 ema.

Comment

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We move SL slightly below a sell line
Trend AnalysisChart PatternsAUDCADaudcadshortcandlestickpattern
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