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akashinvestor

Forex Price Action Analysis

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Dolar Australia/Dolar Kanada (FX:AUDCAD)  
akashinvestor  
FX:AUDCAD   Dolar Australia/Dolar Kanada
Support and Resistance Trend Lines Candlestick Analysis AUDCAD Forex tutorial lesson forexanalysis priceactionanalysis Candlestick analysis candlestickpattern forextrading
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supportandresistance trendline candlestick audcad forex tutorial lesson forexanalysis priceactionanalysis candlestickanalysis candlestickpattern forextrading
Here we have Really good Setup and price also holding Very well

1) we have very big Wick (shadow) Candle this is the alert time in any trade.
2) we have doji which is for reversal (not all the time) but Volume is good
3) we made bullish candle and bouncing from Support support is Solid.

so when we find the good Support we are ready to buy the retest as always so here we are buying the retest with stop loss below Support

so here we got really decent profit with very small stop loss. and good gain
Penafian

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