AUDCAD / H4 / Technical Analysis

We have got a nice pullback after falling down..
The market has reached a strong daily resistance and we have enough confirmations along with 4h engulfing candle to expect the market to continue falling.
Stop - 0.9603
T1 - 0.9517

Comment:

MArket approached a Strong resistance level

Comment:

we have H4 engulfing bearish candle

Trade closed: stop reached:

SL hit

Comment:

Market hit our stoploss and atleast dropped twice of our first TP which is really sad,,, But you have to stick to the Rules right...