Using the linear regression on higher and lower timeframes, AUDCAD is showing signs of being overbought. Therefore anticipating at least a regression to the mean which is one of the reasons for shorting.
STOPLOSS RATIONALE: Only able to display one chart on tradingview at the moment, but stoploss placement is above the previous lower high (evident on 4H and lower timeframes). That level is also the upper linear regression channel on Daily and lower timeframes.
TAKE PROFIT RATIONALE: currently take profit is just prior to the previous lower low evident on several timeframes. It's placement offers roughly 1.5:1 R:R.
STOPLOSS RATIONALE: Only able to display one chart on tradingview at the moment, but stoploss placement is above the previous lower high (evident on 4H and lower timeframes). That level is also the upper linear regression channel on Daily and lower timeframes.
TAKE PROFIT RATIONALE: currently take profit is just prior to the previous lower low evident on several timeframes. It's placement offers roughly 1.5:1 R:R.
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。