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RaynLim
14 lis 2021 09:40

AUDCAD - Bearish Shark Short

Australian Dollar/Canadian DollarFXCM

Opis

A Bearish Shark Pattern complete at 0.9232 on the AUDCAD 1-hourly chart. If you are looking to ride on the buying trend, a buy entry when the candle touches the blue trendline as long as it never breaks and closes below the trendline or the immediate candle low price.

Personally, I won't be looking at that, and that is because there is only a 30pips profit potential heading towards the Shark Pattern.

What's your trade plan in tackling this trading setup?
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