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FUNTRADER-Vera
May 16, 2018 8:04 AM

AUDCAD: a broken trendline following with a correction? Short

Australian Dollar/Canadian DollarFXCM

Description

Traders,

AUDCAD has a broken trendline which is not too clear so far.
This could be a start for a weak correction.

On wkly chart, we still prefer to short it at the end of the correction.

Less is more!

Comment

Comment

Should enter this trade at 0.9630, but we did not .
That is the best entry so far.
Right now we would like to wait for small correction for the long trade.

Trade closed: target reached

Bull bull bull after that red line.

Comment

This pair just has a bear sign after hitting the red trend line.
Comments
ofa
Appreciate if u could update when u enter this trade. Thanks
martijn_vdb
Any suggestions on the new entry, tested it and think 0.9630 would be too low i'd rather thinking about 0.9645+-
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