Trade Ideas Position: AUDCAD Shark

A bullish shark setup as a countertrend trade. Why do I still enter or only enter at this moment?

Well the pair seems stable down and it gives me lesser stop-loss, and because of this, I have a much better reward: risk.

The second target profit is even better. Amazing trading opportunity, let's see how this rollout.

Trade active:

AUDCAD H1 Bullish Shark, CounterTrend, ProTraders
Long NOW: 0.8944(11)
ISL: 0.8921(-23)
TP1: 0.8993(+49)
TP2: --------------{running with 86pips right now, with ZERO risk on this trade}

Comment:

Stops shift to 0.9014(+70pips)

Trade closed: stop reached:

Target2 hit SLP +70pips