BenWright21
Short

Possible AUD/CAD short position!!

FX_IDC:AUDCAD   Australian Dollar/Canadian Dollar
SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY


Chart time frame - H4
Timeframe 1-4 Days
Actions on -
A – Activating Event
Market will meet resistance in zone @0.955 - .... and fall to the 0.942. In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market move towards the first Target 1 level @ 0.942

FX:AUDCAD

Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 0.942
Target 2 @ ....

Risk/Reward @ 5.1

Happy trading :)


Follow your Trading plan, remain disciplined and keep learning !!


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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
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