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AUDCAD long entry at the retest of the trendline
Dollar Australia/Dollar Kanada
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AUDCAD long entry at the retest of the trendline
Oleh 11021992
Ikuti
Ikuti
Diupdate
11 Apr 2016
8
1
1
9 Apr 2016
Hi traders,
On the AUDCAD I am looking to enter long around 0.977 area.
My reasons for this long:
Retest of the trendline breakout
0.618 fib retracement of the daily move
0.382 fib retracement of the weekly move
0.618 fib retracement of the monthly move
Previous structure
Entry, stop and targets are based on structure. Target 2 is just below the 1.00 mark. This is a huge psychological point and very hard to break.
Entry: 0.977
Stop: 0.9688
Target 1: 0.9875
Target 2: 0.9980
Will keep this chart updated as time progresses.
Best of luck!
11 Apr 2016
Trade aktif
14 Apr 2016
Catatan
Target 1 hit.
Stop moved to entry.
14 Apr 2016
Catatan
And took half my position off.
AUDCAD
Forex
11021992
Ikuti
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