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justinholtgrave

AUDCAD - Sell Opportunity - Bollinger Band Breakout

Short
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
justinholtgrave Updated   
FX:AUDCAD   Australian Dollar/Canadian Dollar
AUDCAD aud CAD SELL short Bollinger Bands (BB) breakout squeeze Relative Strength Index (RSI)
4
0
audcad aud cad sell short bollingerbands breakout squeeze relativestrengthindex
AUDCAD shows a clear reversal on the daily chart. A Bollinger Band squeeze has set up a very strong Bollinger Band breakout on the 4H chart. RSI was recently overbought. TP set at fib retracement levels 61.8 + 100%. I have entered short upon 4H candle closing strongly through the lower Bollinger Band.
Trade active
Comment:
Currently: +146 pips still more to come.

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