AUD/CAD - Short the Bear Flag.
ที่อัปเดต:
Hey, I am back with another idea this time looking at AUD/CAD which is in a Bear flag.
Best possible entry for this flag would be 0.95600, with a tight stop loss as when this level gets broken more than by 10 pips, this would deny the pattern.
On 15 min chart we can see that the price is trying to break the resistance of 600, but it's missing way more momentum for the break, so entry at 0.95550 is also good for this short trade, but then you SL would be 15 pips and not 10.
Also notice the MACD that is about to give a sell signal if strong buying volume doesn't come. Same for RSI if drops below 60, it's going down.
And that's all from me about AUDCAD, good luck with this trade!
Cheers,
Tibor
Best possible entry for this flag would be 0.95600, with a tight stop loss as when this level gets broken more than by 10 pips, this would deny the pattern.
On 15 min chart we can see that the price is trying to break the resistance of 600, but it's missing way more momentum for the break, so entry at 0.95550 is also good for this short trade, but then you SL would be 15 pips and not 10.
Also notice the MACD that is about to give a sell signal if strong buying volume doesn't come. Same for RSI if drops below 60, it's going down.
And that's all from me about AUDCAD, good luck with this trade!
Cheers,
Tibor
ปิดการเทรด: ถึงเป้าหมายการทำกำไร
Take profit hit! +30 pips
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน