AUD/CAD might be a good pair to keep an eye on for a potential long trade
The bottom of the channel and an area where there was a very bullish weekly candle is about 60 pips below the current price. Will monitor.
This was a nice move that pushed higher in an orderly manner on Thursday night. The price is now, (Friday Morning) just under 200 points higher than where I exited.
The trade was opened and shortly thereafter there was sharp selling. This allowed for a breakeven stop to be entered.
After a while I moved the stop loss lower and also had a take profit order in.
Then it was decided to move the stop loss to +100 points profit which is where the trade was closed out
Charts101 Trading 