Dear traders,
Here is your AUDCAD Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the AUD stands at “2”, and the CAD stands at “7”, meaning that the CAD is stronger than the AUD, thus only looking for Bearish/Sell opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st Sell Liimit is placed at 0.9369 (with a 1% risk position size)
Our 2nd Sell Liimit is placed at 0.9386 (with a 1% risk position size), totaling a 2% risk, should both positions get filed.
Our final Take profit is placed at 0.9255
Our Stop Loss is placed at 0.9397
This is a 100 PIPS trade - Risk Reward 1:10
Chart Timeframe; H2
Thank you. Like & Subscribe.
Trade Smartly.
Here is your AUDCAD Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the AUD stands at “2”, and the CAD stands at “7”, meaning that the CAD is stronger than the AUD, thus only looking for Bearish/Sell opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st Sell Liimit is placed at 0.9369 (with a 1% risk position size)
Our 2nd Sell Liimit is placed at 0.9386 (with a 1% risk position size), totaling a 2% risk, should both positions get filed.
Our final Take profit is placed at 0.9255
Our Stop Loss is placed at 0.9397
This is a 100 PIPS trade - Risk Reward 1:10
Chart Timeframe; H2
Thank you. Like & Subscribe.
Trade Smartly.
Trade closed: stop reached
Stop reached, however, there's still a chance for a downward move here. Trade smartly.
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.
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.