AUD/CAD looks like a Great Set-up to the Short Side
All I know about trading forex is that that the Ichimoku Cloud works very well. I am a trader, not an economist so I do not care about policies, global issues, all I care about is a supply vs demand curve. With that being said, the AUD/CAD looks like a Short Set-up using the 4 Hour Bar.
The Trade: Short the AUD/CAD at .995
STOP: .999
Target #1: .993
Target #2: .991
Target #3: .989
Target #4: .987
The Trade: Short the AUD/CAD at .995
STOP: .999
Target #1: .993
Target #2: .991
Target #3: .989
Target #4: .987
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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.