GMS_Trd
Short

AUDCAD Bearish Engulfing at Resistance

FX:AUDCAD   Australian Dollar/Canadian Dollar
Three main reasons for selling:
1. Very long at resistance
2. Psychological level of 1.00
3. Current body engulfs previous candle body

Entry at current levels: 0.99
Stop Loss: Above the high of candle, 1.007
Take Profit: Trailing exit but ideally 0.96
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