AUDCAD Short opportunity for 135 pips

FX:AUDCAD   澳幣 / 加元
Entry : 0.9985
SL : 1.0035
TP : 0.9850
Risk reward : 2.7
Potential : 135 pips
Risk : 50 pips
評論: Stop loss moved on entry point at 0.9980.
交易結束:達到停損點: Breakeven
nice dear as usual
what time frame is that ty
SuperSignalFX, You can see it on the chart. 240 is H4.
回覆 SuperSignalFX
@SuperSignalFX, There is a head and shoulders pattern, so will this pull back still occur?
SuperSignalFX, I don’t see any H&S here, only an ascending channel with clear tops and lows. Whatever the RR of this trade is 2.7 with a tight SL. Little risk.
回覆 SuperSignalFX
@SuperSignalFX, is that not an inverse head and shoulders
SuperSignalFX, It is really not H&S for me. Too many Hig/Lows. My opinion.
回覆 SuperSignalFX
@SuperSignalFX, Okay thank you very much, appreciate the help!
回覆 SuperSignalFX
@SuperSignalFX, So when market opens, you expect it to fall straight away or try break 1.0000?
SuperSignalFX I don’t know. Let the market does its thing. There is nothing sure.
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