AUDCAD sell position + trade idea

In this analysis we have market structure indicating a reversal or retracement on a higher time frame, we also have BEARISH RSI DIVERGENCE price also broke Under the 50 ema and we also have an Imbalance on the weekly Timeframe which will act like a magnet and pull price to fill the liquidity it also looks as if we are over due for a retracement on a weekly time frame after that major push to the upside.

here is the Trade idea that i sent to the members of my academy.

Entry @ .93035

SL @ .93536 (50 pips)

TP1 @ .92000 (105 pips)

TP2 @ .90900 (215 pips)

TP3 ( long term target ) (540 pips)

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评论:

SL hit -50 pips, re entered on rejection to the upside.