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KalinPPetkov
Nov 12, 2014 6:37 PM
4H AUDCAD Short opportunity
Short
FX:AUDUSD
240
Australian Dollar/U.S. Dollar
FXCM
Description
⋅
Nov 12, 2014 6:37 PM
AUDCAD is at major resistant area and in complete AB/CD pattern with 1.414 ext of the AB leg. Good R/R ratio with target 1 at 0.382 retr and target 2 extended to 0.618 retr with stops above previous structer high and above the 1.618 AB leg ext.
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