nakedchartist
Short

AUDCAD head and shoulders

FX:AUDCAD   Australian Dollar/Canadian Dollar
looking to play off a potential right shoulder for AUDCAD            
i have set a RRR             of 1:2.5, looking for TP at neckline
Price seems to have exited the h4 channel but still being flattish. Time can only tell if this exit from channel to lead to subsequent downmove.
It was tough to get this one. although price did eventually move in the correct direction, I was SL at the red resistance. Leveraged trading is not easy, unless one is willing to downsize and allow more space for trades to breathe, in order for it to reach its final destination.
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out