AUD/CAD Long Support and Resistance: SL - 0.86751 TP - 0.89988
AUDCADWas looking to see if there was a bounce or a break off the resistance line at 0.87520, I saw that there was a break so I decided to go for it. SL pretty low due to if it did try to comeback and retest, I didn't want to take any chances with it falling through. TP pretty high but making sure if price starts to bounce off the second resistance line at 0.87520. This is my first of ideas so bear with me I'm just sharing my thoughts ENTRY: 0.87226
SL: 0.86751
TP: 0.89988
Trade closed: stop reached
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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.