Get started
TraderRamos

AUDCAD - Double Top

Short
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
TraderRamos Updated   
FX:AUDCAD   Australian Dollar/Canadian Dollar
3
0
Pair is currently on an uptrend (daily and hourly chart).
Double top is forming.
RSI divergence.
Pretty nice risk reward ration.
AUDCAD
Comment:
Stops are now moved to breakeven so we are on a risk free trade from this point.
Trade closed: target reached:
Target is reached.
We will now keep looking for a potential 61,8% retracement or further trend continuation downwards.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.