Sep 4, 2019
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AUDCAD D1: DOUBLE BOTTOM

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AUDCAD / D1 / Technical Chart

Idea: Double Bottom
Risk Management: 1 : 2.0 above
Breakeven: Every 35pips move down

Our Choice: (Wait Candle Close Above 0.9077 breakout)
Long/Buy position above 0.9077 look for further upside with TP 1 0.9129 & TP2 0.9191 as targets.


Alternative:
SHORT/SELL positions below 0.9013 with targets at TP 1 0.8988 & TP2 0.8935 in extension.

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