AUDCAD - Trading idea for monday
if price forming reversing candles at upper trendline, i will go short at entry level 1. entry 1 will be a small size, cause i imagine that we could retest EMA 420 again or maybe brake through. if price retests EMA420 i will go short again.
Target 1, as u can see on the chart is the possible support zone.
if we brake through that bottom, many stoplosses getting fished and we will see another drop where i reduce my position again.
wish u a good trading week.
Target 1, as u can see on the chart is the possible support zone.
if we brake through that bottom, many stoplosses getting fished and we will see another drop where i reduce my position again.
wish u a good trading week.
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