Hey guys, Here I share with you a trading idea with the AUDCAD using the 15m timeframe.
What happens here is false breakout in the orange area, which gives us a buying oportunity, expecting a retracement near the orange area and a "trigger candle" (engulfing). the retracement can be given near the area or in the 50% of the distance between the current price and the orange area. Happy trades.
What happens here is false breakout in the orange area, which gives us a buying oportunity, expecting a retracement near the orange area and a "trigger candle" (engulfing). the retracement can be given near the area or in the 50% of the distance between the current price and the orange area. Happy trades.