I have just entered several short positions on AUD/CAD. The reason for making those trades was that the exchange rate was well below SMA(200), which was sloping downwards in the H1 timeframe. Moreover, lower lows had been created. As a result of my analyses, I made more than USD 35 from my mini-account, equivalent to a return of more than 40%!
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.
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.