AUDCAD [Pending Long]

AUDCAD
Long Setup
- Reference to

- Trading this cross pair can remove USD volitility factor
- During last week this pair does able to maintain stable movement
- Zone into H4 found rejection on reason developed acending trend line
- Pending order then current candle turn upside


Setup Entry#1
- Entry: 0.84476
- Stop: 0.83584
- TP1: 0.86763
- TP2: 0.89677

Setup Entry#2
- TBC

Trade active:

Entry#1 filled

Comment:

let's move all stop to 0.84655 so have a bit profit trade. The adjustment was base on TP1 is larger than normal 1 to 1.5 reward. So I want to remove my risk. On the other hand I have AUDUSD long as well. So not to double my risk.

Trade closed: target reached:

TP1 hit target
Second position stop should still at 0.84655

Trade closed: target reached:

TP2 reached a home run trade