QuileHills

AUDCAD Channel Movement

Short
FX:AUDCAD   Australian Dollar/Canadian Dollar
11
AUDCAD is reaching up to its channel resistance. I'm utilizing a Sell Limit order in an attempt to catch the pair at the top of it's channel and short it down to just above the bottom of the channel.

R:R of position shown: 3.03

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.