AUDCAD, Looking for ABC Correction
for short term, we can take long position when price forming wave "b". Use fb retracement as a short term target as you see in this chart. If you are a trend followers, just wait until the wave "b" is done and looking for short opportunities.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.