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schuck15
Aug 8, 2018 11:59 PM

AUD/CAD Kijun Bounce Short Short

AUD/CADOANDA

Description

This is nearly a perfect example of a Kijun Bounce. RSI has reset to near 45, perfect bounce off of Kijun, rejection near middle of BBand. All 4 conditions have been met for this trade: Chinkou below price, Bearish TK, Bearish Cloud, and price is below the cloud. I am however a little late on this entry, but I am still happy with it.

Trade active

Trade looking great so far.
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