AnuragJaiswal

AUDCAD Short Term Trade (1:2.67 Risk to Reward)

FX:AUDCAD   Dollar Australia/Dollar Kanada
HELLO EVERYONE,
Coming to Analysis of AUDCAD :
--Price has rejected the demand zone clearly after the stops were taken, and also completed the retracement to 23.6% fib, expecting a ABC Move from here.
--Currently I am looking for a short term trade here, will post a new chart for Swing Trade Idea.
--Expecting to take entry at 0.89850 with a Risk to Reward ratio (1: 2.67).
--The Targets have been defined over Critical Demand/Supply zone to ensure accuracy over the targets.

COMMENTS ARE WELCOME >.
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