AUDCAD / H4 / Technical Analysis

By FxTicks
Updated
We have got a nice pullback after falling down..
The market has reached a strong daily resistance and we have enough confirmations along with 4h engulfing candle to expect the market to continue falling.
Stop - 0.9603
T1 - 0.9517
Comment
MArket approached a Strong resistance level
Comment
we have H4 engulfing bearish candle
Trade closed: stop reached
SL hit
Comment
Market hit our stoploss and atleast dropped twice of our first TP which is really sad,,, But you have to stick to the Rules right...
AUDCADaudcadshortTrend Analysis

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