AUDCAD Potential 300 pips Trade

The set up is really interesting and some good confirmation for this bearish set up. The Friday news momentum confirming that we should be on the right side of the market

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watch price action around EMA on one hour if it reach there

might be a bounce and short

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this short trade is not active, we are waiting for confirmation for shorting and this bull move is good for better entry

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as expected, price were looking for touching EMA, there is still possibility for one more up move before short happening, but this is better entry

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take what we can get and be happy

withoutmercy

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withoutmercy