LBracht

AUDCAD sell by losing channel low boundary.

FX:AUDCAD   Australian Dollar/Canadian Dollar
In this pair, there is a very long resistance, older than 2010 (pink line). This resistance was not break, the prices returned to the channel and now are testing the low boundary, after the "false break" of the upper boundary. Usually, i like to buy when touch the low border of the channel. But, now we have a very bearish red candle. I think the sell is the best option if the prices go a little bit down.
Trade active: I am "sold" since the green arrow. I am laughing for 'no reason'... lol

I will close half of the orders in target 1 just if the prices touch the target going up again.

Comments

Who did the sell like me? o/
Reply
A gap in this one could be great. hehehehe
Reply
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