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Yuriy_Bishko
Oct 15, 2020 8:32 AM

AUDCAD, Waiting for the bounce... Long

Australian Dollar/Canadian DollarFXCM

Description

If the next candle will be such big as today we can open buy near the level.

One more scenario is possible if the price will touch the level today.

The potential profit will be 3 times bigger than the risk.

Push like if you think this is a useful idea!

Before to trade my ideas make your own analysis.

Write your comments and questions here!

Thanks for your support!

Comment

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played out
Comments
Kpnevsdad
I noticed you switched candle sticks why if you don’t mind me asking?
Trader_Dale
Hi Yuri,

Since we are both about to trade the same pair at the moment, let me share my idea with you since you don't mind. :)

Although you're looking for buy on the Daily chart and I'm looking for sell on a 30minute chart, I see this what I got here as your possible profit target because of the heavy volume cluster, which is a weekly Point Of Control (strong resistance!)



Would love to hear your opinion on my outlook. :)

Cheers,
-Dale
forexboat
Thanks @Yuriy_Bishko +1
InkyGrip
Nice content! thanks for sharing! 🦐
Yuriy_Bishko
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