AUDCAD trading a double candlestick pattern on a down-channel

AUDCAD testing the upper part of the down-channel, with a double candlestick pattern: a tweezers top and a bearish engulfing pattern.
Stop loss and take profit are very tight, since we are trading on the M15 within a very tight channel, so I suggest to check the spread first for your broker and avoid this trade if you have a spread that is over 1 pip.

Trade ist aktiv:

Took 1/3 of the position on the strong red candle and moved the stop loss to entry level.

Trade wurde manuell geschlossen:

Trading closed manually with part of the profit we planned with our take profit.