rs7gram

AUDCAD triangle after the sudden drop

Long
rs7gram Mis à jour   
FX:AUDCAD   Dollar australien/Dollar canadien
Wedge followed a sudden drop after COT readings were a surprise. One false bull breakout towards the end of the wedge, high chance of a real breakout. Trigger line moved to the breakout level. If PA touches the line, long position will be triggered. SL is placed at the wedge boundary, TP placed at the first rebounce of the drop, matching with the .5 level (see fibb.)
Trade fermée: cible de profit atteinte:
Could've let it run longer, but that would be an impulse decision. All went as planned as far as I charted.

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