TheSupportResistanceTrader
Long

Longing AUDCAD for a 1:10 risk:reward ratio if we see a pinbar

FX:AUDCAD   Australian Dollar/Canadian Dollar
Everything is in chart. If we see a pinbar create close to/in the green box at the bottom we go long with a tight 15 pip stoploss and 150pip take-profit.
What position would your SL be? Thnx
Reply
A few pips under the bounce from 8th of July (about 0.9393). My first profit level will be at 0.955 right under the 0.236 fib level.
+1 Reply
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