ernstschwarz

AUDCAD some inside bars for an early long trade idea

Long
ernstschwarz Updated   
OANDA:AUDCAD   Australian Dollar/Canadian Dollar
price action shows some struggeling with the downmove.

i entered 2 buy trades as plotted on the chart.
stopp goes below the inside bar area (recent low).

dont risk more than 1% of your trading money on that stopploss.
Trade active
Comment:
by now a 2nd buy trade was triggered. in general i feel like i should be out at least of the first buy because you should get out in case price is not going anywhere after you enter... i ll decide this morning
Trade closed: stop reached
Comment:
no divergence in my cci, so i am not too much interested in going long yet.
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