AUDCAD 4hr; Hard Sell SHORT

٢٤ أغسطس ٢٠٢٠

4 hr. chart. SHORT Target: 9350; w. a 0.9509 STP

٢٥ أغسطس ٢٠٢٠

ملاحظة

We are out - COVERED this SHORT - on 08/24/2020 at 21.02 EST, @0.9495, for an -11 pip loss.
New long signal points to 0.9545, with a potential stop hunt coinciding with that level. It's not worth it to ride it up there, with plenty of opportunity to reenter a short +40-50 pips from here.

٢٥ أغسطس ٢٠٢٠

ملاحظة

It's safe to SELL here (currently @94.70), once again,
w. a 25 pip stop and the same 0.9350 target.

٢٦ أغسطس ٢٠٢٠

ملاحظة

If you aren't SHORT, yet, the hard SELL here @0.9480 w. a 15 pip Stop.
If already short, this is where to add to it - including adjusting Stop to 15 pips!

٢٦ أغسطس ٢٠٢٠

ملاحظة

Currently @0.9484, one should either get out here - cover the shorts - or tighten the stops to 0.94880!
... because the likely ensuing stop hunt here will the the pair to above 0.95, providing ample opportunity to reenter these shorts later/higher, w. a much more favorable Risk/Reward ratio!

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