AUDCAD Long
Good setup on this pair.
I'll wait for the breakout to happen, then for the price to retrace to support before going long.
Entry: 0.9690
Stop: 0.9585
Target: 1.0085 (0.618 fib retracement + previous high)
Risk ratio: 4/1
I'll wait for the breakout to happen, then for the price to retrace to support before going long.
Entry: 0.9690
Stop: 0.9585
Target: 1.0085 (0.618 fib retracement + previous high)
Risk ratio: 4/1
Trade active
Note
If you're not already in the trade, you might want to wait for the price to reach the 0.618 fib retracement level at 0.9658 before entering long for an even better R/R.
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