FedericoSellitti

AUDCAD - Short Trade Opportunity on the Resistance

Short
OANDA:AUDCAD   Australian Dollar/Canadian Dollar
AUDCAD
Trade opportunity on the resistance, with a bearish setup of the moving averages.
The trade offers an appealing risk to reward opportunity of 1:2.89.
Trade closed: stop reached:
Unfortunately the decision about the Interest Rate was not in favor of our trade and the price hit the stop loss.

Find out more at www.itstradingtime.com/
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.