Get started
AsserBadrawy

Sell AUDCAD on Daily Chat

Short
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
AsserBadrawy  
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Technical Indicators AUDCAD
8
0
trendanalysis indicator audcad
On Daily chart there is a divergence between the price & MACD indicator ( MACD MAs + Histogram)
So the entry with the Engulfing (the arrow above it) sell done
TP1 is the 200 EMA on chart as shown , TP2 is the horizontal line (support Zone)

Regards
Asser
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.