RaynLim

Trade Ideas Educator: AUDCAD H4 Head and Shoulders

Long
FX:AUDCAD   Australian Dollar/Canadian Dollar
A head and shoulders bottom formation form up, is a counter-trend trade, more importantly, the trade is still in the sell zone.

The good thing about this trade is it produces a 2:1 and that's a healthy reward for me, hence, trade engaged.

Look at how the RSI Divergence work in my favor and that is another add on why I still long when market is on its sell zone.
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