AudCad has been in a downtrend since a year now.
It has been respecting a downward trend line since September.
It has given a false breakout and created a bull trap.
Refer to 4 hour time frame and enter a short trade.
Stop loss and 2 targets have been marked.
Always put Stop Loss
Do your own research before entering a trade.
Let me know your views in the comment.
It has been respecting a downward trend line since September.
It has given a false breakout and created a bull trap.
Refer to 4 hour time frame and enter a short trade.
Stop loss and 2 targets have been marked.
Always put Stop Loss
Do your own research before entering a trade.
Let me know your views in the comment.
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.