A Classic Support & Resistance Trade
I'd engaged in a classic Support and resistance trade with 1 single target and observed candlestick movement on a key turning point.
Shorted AUDCAD at 0.8845 and my Initial Stop-Loss is at 0.8864(-19pips)(~190usd/lot).
Once the market hit 0.8829, I would shift stop to entry(SLE), attaining a risk-free trade.
In between I do nothing!
Shorted AUDCAD at 0.8845 and my Initial Stop-Loss is at 0.8864(-19pips)(~190usd/lot).
Once the market hit 0.8829, I would shift stop to entry(SLE), attaining a risk-free trade.
In between I do nothing!
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Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
www.tiktok.com/@raynlim