AUDCAD Bull Trap
AudCad has been in a downtrend since a year now.
It has been respecting a downward trend line since September.
It has given a false breakout and created a bull trap.
Refer to 4 hour time frame and enter a short trade.
Stop loss and 2 targets have been marked.
Always put Stop Loss
Do your own research before entering a trade.
Let me know your views in the comment.
It has been respecting a downward trend line since September.
It has given a false breakout and created a bull trap.
Refer to 4 hour time frame and enter a short trade.
Stop loss and 2 targets have been marked.
Always put Stop Loss
Do your own research before entering a trade.
Let me know your views in the comment.
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