AUDCAD - Double Top

Pair is currently on an uptrend (daily and hourly chart).
Double top is forming.
RSI divergence.
Pretty nice risk reward ration.
AUDCAD

Kommentar:

Stops are now moved to breakeven so we are on a risk free trade from this point.

Trade geschlossen: Ziel wurde erreicht:

Target is reached.
We will now keep looking for a potential 61,8% retracement or further trend continuation downwards.