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AUD/CAD Worth Forecast fifth December 2024





AUDCAD Price Forecast 5th December 2024

Technique: 3/12 Tunnel

The three/12 Tunnel is a trend-following technique. This straight ahead strategy makes use of 3 shifting averages has undergone intensive backtesting by our crew, demonstrating a successful ratio between 70% and 80%.

Advisable Timeframe

This technique is adaptable to varied timeframes, together with H1, H4, and Day by day. Though it may be utilized to timeframes decrease than H1, optimum outcomes are usually achieved inside the H1, H4, and Day by day timeframes.

Commerce Particulars

At present, the three/12 Tunnel technique has recognized a buying and selling alternative on the AUD/CAD pair inside the H4 timeframe. I’ve shared a commerce setup picture in your reference. The main points of the commerce are as follows:

  • Pair: AUD/CAD
  • Timeframe: H4
  • Purchase Cease: 0.90930
  • Cease Loss (SL): 0.90658
  • Take Revenue (TP) 1: 0.91315
  • Take Revenue (TP) 2: 0.91610
  • Take Revenue (TP) 3: 0.91995

Lot Measurement

For danger administration, guarantee you don’t danger greater than 2% of your account per commerce. As an example, with a $10,000 account, the utmost danger ought to be $200.

This Commerce Concepts is delivered to you by:
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To Your Success!
Tim Morris






Earlier articleBulls vs Bears MT4 Indicator

Tim MorrisTim Morris

Tim Morris is a do business from home dad, home-based foreign exchange dealer, author and blogger by ardour. He likes to analysis and share the newest foreign currency trading methods and foreign exchange indicators on ForexMT4Indicators.com. His ardour is to let everybody to have the ability to be taught and obtain several types of foreign currency trading methods and mt4/mt5 indicators at ForexMT4Indicators.com


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