TradingView
therealbinarymaster
Apr 5, 2023 9:22 PM

aud/cad looking like its going to take a Fall Short

AUD/CADOANDA

Description

here in my analysis I've noticed on the Daily time Frame that we have a Complete Head and Shoulders Formation With A break to the downside and price action has retested that area and is now starting to reject the same area

The R/R isn't the greatest due to the rule of taking the Trade utilizing the head and shoulder pattern as additional confirmation for this set up


Disclaimer: past profits don't guarantee a future result
trading is risky and can result in 100% loss of trading balance

information shared is for educational and demo purposes only!!

Comment

trade running +40 pips in profit

Moving my Stop/loss to Entry/Breakeven and allowing it to play out

when Back up +50 pips please secure partial profits!
More