FX:AUDCAD   Australian Dollar/Canadian Dollar
377 4 0
I went long AUDCAD             last week, looking for a new high -
AUDCAD - longs are favored above 1.0450


But by the looks of it, I'm not sure we will see a new high in this pair. If RSI dont move higher
soon, look for a short entry. Soft target is the 50fib at 1.0480. SL is above the double high at 1.0700.

If this is an A-b-c-correction, then the double top is A-B and C should give us new lows.
traderWgun
3 years ago
Price looks like nov 2011
snapshot
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traderWgun
3 years ago
covered longs +50 pips
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Look at the Chart now on Daily :)
nice Double Top^^
Reply
traderWgun Fib.The.Gentleman
2 years ago
yes it was a great setup :)
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