shazfit

AUDCAD LONG SETUP

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OANDA:AUDCAD   澳元/加元

Trade Call: LONG (BUY)
Bullish Indication:
1. Breakout seen at 4 hours Time frame and Tested
2. Candlestick pattern are also favoring with bullish hammer
and Three white solider.
3. A Bullish Engulfing Candle formation at 1D Time frame
Bearish Indication:
1. It is going thorough
a long term downtrend so it can be a daring trade
Trade Plan:
Entry @ Current to 0.92000
TP 1: 0.92300 (25%)
TP 2: 0.92600 (25%)
TP 3: Ride the trend with stoploss at breakeven
Stoploss: 0.91650
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