AUD/CAD Trade Idea
Hello and welcome to my Trade Idea of the currency pair AUD/CAD.
Lets start with the Top Down Analysis.
Monthly: Monthly is bearish.
Weekly: The weekly timeframe is in a very strong downtrend.
Daily: On the daily timeframe we see a little consolidation and the overall trend is bearish too.
H4: On the H4 timeframe we draw the pennant pattern and wait for a breakout to the downside.
Have a nice day.
Lets start with the Top Down Analysis.
Monthly: Monthly is bearish.
Weekly: The weekly timeframe is in a very strong downtrend.
Daily: On the daily timeframe we see a little consolidation and the overall trend is bearish too.
H4: On the H4 timeframe we draw the pennant pattern and wait for a breakout to the downside.
Have a nice day.
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