AUDCAD Trade Plan ๐
๐ป Pattern Analysis:
AUDCAD has formed a bearish reversal pattern (Head and Shoulders) along with bearish divergence, indicating a potential decline.
๐ Entry Point:
Enter the trade at the current market price (CMP) of 0.92130.
๐จ Stop Loss (SL):
Place the stop loss at 0.92648.
๐ฏ Take Profit (TP) Levels:
TP 1: 0.91657 ๐ฏ
TP 2: 0.91096 ๐ฏ
๐ง Setup to Short Sell:
Entry Point: 0.92130
SL: 0.92648
TP 1: 0.91657
TP 2: 0.91096
๐ Good Setup to Short Sell ๐
๐ Happy Trading! ๐
๐ป Pattern Analysis:
AUDCAD has formed a bearish reversal pattern (Head and Shoulders) along with bearish divergence, indicating a potential decline.
๐ Entry Point:
Enter the trade at the current market price (CMP) of 0.92130.
๐จ Stop Loss (SL):
Place the stop loss at 0.92648.
๐ฏ Take Profit (TP) Levels:
TP 1: 0.91657 ๐ฏ
TP 2: 0.91096 ๐ฏ
๐ง Setup to Short Sell:
Entry Point: 0.92130
SL: 0.92648
TP 1: 0.91657
TP 2: 0.91096
๐ Good Setup to Short Sell ๐
๐ Happy Trading! ๐
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.