AUDCAD - 5 Reasons For A Daytrade Sell!

Sell #AUDCAD Plan

First Entry was at 0.9037

Stop is at 0.9060
Target is at 0.9010

I have 5 reasons to sell AUDCAD for a daytrade.

1. Currency Strength Meter CAD is strong AUD is Week
2. Trendline Support
3. Support Zone Intraday
4. Market Profile from yesterday
5. Bearish Divergence Signal

The Rules:
If second entry is activated then the target for first entry is at breakeven and the target for second entry is at main target
Also if the second entry is activated and price reaches the level of first entry then move stoploss of second entry to breakeven.


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The trading strategy is fully explained in video below