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Vibik88
Sep 15, 2020 10:28 PM

AUD/CAD Channel trade ? Short

FX:AUDCAD1D
Australian Dollar/Canadian DollarFXCM

Description

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A little weirder channel trade but it can be called that. you can definitely put a sell order at 0.96500, plus it has a very obvious M formation. But if it breaks through and closes above 0.96600 area, we go for a different strategy, or you long.
Trend AnalysisTechnical IndicatorsAUDCADaudcadlongaudcadsetupaudcadforecastaudcadanalysis
Comments
VasilyTrader
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Very helpful! Thanks a lot!
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