AUDCAD correction hits 61.8 and trendline

٢٠ سبتمبر ٢٠١٦

I predict a good chance of a reversal here. The correction has retraced 61.8% of the last impulse, which also converges with the upper daily trend. An hourly close above the green trendline invalidates this idea.

٢٢ سبتمبر ٢٠١٦

تم فتح الصفقة

Price broke higher than I expected so I have waited. A flag has formed on the 1H chart and it has just broken. Short opened at 9970.

٢٣ سبتمبر ٢٠١٦

أغلقت الصفقة: تم الوصول لوقف الخسارة