AUDCAD Long Idea

Updated
nephew_sam_ funding challenge

Trade 1

Entry parameters shown on chart.

Believe price has formed the low of the day. Tomorrow expecting short term bullish move before any further continuation downwards.

Limit order open until entry is invalidated / activates / or cancelled due to new PA as i update this analysis.
Note
Target = 3RR
Order cancelled
Interesting how price got to our entry zone without taking entry, then hit the 3RR target and drop back to SL.

This is why i don't leave a limit order open before going to bed.

Trade was cancelled earlier. (Kindly see comment section)
Supply and DemandTrend Analysis

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