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Prime_Trading
Apr 12, 2020 11:49 AM

AUDCAD Long Short

Australian Dollar/Canadian DollarFXCM

Description

I believe Monday will once again be a slow day with minimal movement in the market. As long as the spreads are not high I will be entering this trade. I believe the Australian Dollar will continue its bullish run that it started last week, on the end of money or the start of Tuesday. I have my TP set at the last major resistance zone and SL at the previous resistance zone. IF it does break above and come back to retest the resistance zone I will be looking to add another buy with the same TP and SL.
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