OfficialJ23

Audcad Trade Update/Idea

Long
OfficialJ23 Updated   
FX:AUDCAD   Australian Dollar/Canadian Dollar
I was originally looking to go short on the first entry for AC. I even published the set up and stated why I was personally looking to go short. I seen smaller time frames continue pushing to the upside after retesting 0.86675 and decided to go long there for a1:3. Price tapped us out and retested the support we bought from and treated it as resistance making my original analysis valid. From there I went short where targets were then hit for a 1:3rr. As of now price is still respecting the daily support at 0.86350. If price shows more bullish structures, going long would be the move. Targets would be around 0.86933.
Trade active:
Just went long
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.