AUDCAD - False breakout against strong support

Hi Traders,

there is one nice opportunity on AUDCAD. The pair has created 2-sided market and broken down against strong support. There is also a long-term trend line.

We can see strong misunderstanding in this move. Because of it the market has returned back to the CG. Really strong setup for those of you who need bigger RRR.

I will let you know!

Paul K.

Trade stängt manuellt:

Hi, there was a strong counter move in last hours. I am closing the trade on 2/3 initial SL.