TimBrent

AUDCAD - STOCH-RSI Structure trade

Short
TimBrent Updated   
FX:AUDCAD   Australian Dollar/Canadian Dollar
6
Traders,

We've got another STOCH-RSI trade here
- Hit 618 fib level
- Stoch overbought
- RSI (12) > 60
- Developed a doji signal with a very strong bearish candle (yesterday 19:00)
- Structure level

Could be a great oppertunnity to get short and continue with the trend!

Best of luck!
Trade active
Trade closed: stop reached
Comment:
Reenter can be considered.
50MA below 200MA
Stoch overbought
RSI oversold

My view on the reenter consideration.

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