aud/cad looking like its going to take a Fall
Updated
here in my analysis I've noticed on the Daily time Frame that we have a Complete Head and Shoulders Formation With A break to the downside and price action has retested that area and is now starting to reject the same area
The R/R isn't the greatest due to the rule of taking the Trade utilizing the head and shoulder pattern as additional confirmation for this set up
Disclaimer: past profits don't guarantee a future result
trading is risky and can result in 100% loss of trading balance
information shared is for educational and demo purposes only!!
The R/R isn't the greatest due to the rule of taking the Trade utilizing the head and shoulder pattern as additional confirmation for this set up
Disclaimer: past profits don't guarantee a future result
trading is risky and can result in 100% loss of trading balance
information shared is for educational and demo purposes only!!
Note
trade running +40 pips in profit Moving my Stop/loss to Entry/Breakeven and allowing it to play out
when Back up +50 pips please secure partial profits!
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.