ThomasJeff_DCM
Short

AUDCAD short trend continuation trade on advanced fib formation

FX:AUDCAD   Australian Dollar/Canadian Dollar
6 months ago
It´s been a slow week, market´s are still heavily trending, we had a trade on the NZDUSD             yesterday a cypher at the resistance. Here today we got a trend continuation trade on this bearish trend with an advanced Cypher formation at the structure resistance. RSI is about to get over bought. Our PRZ level are 0,94670, stops above X structure resistance + the 0,94900 even handle number.. Possible looking for extented targets on this one. But the safe T1 is at 0,94370

Kind Regards
Thomas Jeff
6 months ago
Trade closed: stop reached
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