AUDCAD waiting retracement

2019年12月29日AUDCAD is in a strong resistance zone. The pair is in bullish environment, but I think upside continuation can resume after pullback to minimum 0.38 fib level. I will place small buy limit orders on fib levels 0.38, 0.5 and 0.618 with SL below 0.78 fib level. Target price TP is 0.91800

2019年12月29日

評論

First entry doesn't look good to me from Risk - Reward perspective, so just cancel it.