JD_TeenTrader

Selling AUDCAD for a buy pattern

JD_TeenTrader Updated   
FX:AUDCAD   Australian Dollar/Canadian Dollar
AUDCAD is still in a downtrend. We shorted it previously which was very successful and now looking for it again.

M15 and M30 is showing reversal signs.

We have strong resistance at 0.8860.

Holding for at least 50 pips.
Trade closed: target reached:
We exited the trade at breakeven as the pattern wasn't valid. There was something wrong with our broker feed and hence the pattern wasn't very clear and it is always better to reassess later on.

15/07/22 DEAL AUD/CAD Mini converted at 1.064513772389855 SD SD1.34
Funds:
SD11,664.05

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.