AUDCAD MAY GO LONG ACCORDIN TO MY TECHNICALS (24/10/2021)
Disclaimer:- Educational Analysis says AUDCAD may go LONG according to my technicals.
This is not an entry signal. I have no concern with your profit and loss from this analysis.
Why short?
On 15 min timeframe pair is making lower high and higher high which make break of previous structure.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
ADDITIONAL CONFIRMATION IS THEIR ARE TWO DOUBLE BOTTOM WHICH HAVE APPEARED AT SUPPORT ZONES
ENTRY 0.92312
STOP-LOSS 0.92196 (11.8 PIPS)
TAKE PROFIT 0.93004 (69 PIPS)
RISK TO REWARD RATIO IS 1:5.85
This is not an entry signal. I have no concern with your profit and loss from this analysis.
Why short?
On 15 min timeframe pair is making lower high and higher high which make break of previous structure.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
ADDITIONAL CONFIRMATION IS THEIR ARE TWO DOUBLE BOTTOM WHICH HAVE APPEARED AT SUPPORT ZONES
ENTRY 0.92312
STOP-LOSS 0.92196 (11.8 PIPS)
TAKE PROFIT 0.93004 (69 PIPS)
RISK TO REWARD RATIO IS 1:5.85
Trade active:
Stop loss to breakeven, 30% in profits
Trade active:
25 pips in profit running, 55% + in profit percentage
Trade closed: target reached:
100% hit target profit