AUDCAD Sell Opportunity

AUDACD has a nice Upward channel formation here for the last month.

Indicators:
1. Weekly Stochastic RSI in sell zone
2. Daily Stochastic RSI about ready to be in sell zone.
3. Smaller time frames all in sell zone.

Entry:
1. Current price area of 0.9670
2. Top of channel at 0.9700 area

TP 1: 0.9600
TP 2: 0.9500

Good luck trading!

Charles V
www.cvfxmanagement.com
@cvfxwealth
Trading made Simple

Kommentar:

TP hit last Friday. Hopefully everyone got in as well! Staying out of sell until 0.9520 handle is broken (bottom channel)

Good luck!