AUDCAD Price Action Long
Updated
*Personal Journal Only*
Just got Long on AUDCAD on 1h chart with price action.
Reasons: Bullish trend, with a pullback, buyers start to come, and then a slowdown on the test on 15m chart.
Entry @0.99461
Stop @0.99125
Profit @0.99939
Potential R:R: 1.42
Just got Long on AUDCAD on 1h chart with price action.
Reasons: Bullish trend, with a pullback, buyers start to come, and then a slowdown on the test on 15m chart.
Entry @0.99461
Stop @0.99125
Profit @0.99939
Potential R:R: 1.42
Note
Going to sleep. Will see how it goes tomorrow.Note
We are getting big Seller pressure, will try to reduce risk ASAP.Note
Moved stops to 0.99244 (1 ATR below low) to reduce risk.Note
Trade lasting more than expected, going to suffer wednesday Swap.Trade closed: stop reached
Took a small hit of 0.64 R.
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