AUDCAD Top of overall price action, look for bearish reversal

Updated

Hello everyone:

AUDCAD is looking great for possible reversal move.

We see price on the HTF is at a double tops area, and price gets there within this ascending channel correction.

Price is slowing down and consolidating, good indication that we may see reversal price action.

To confirm further downside, good to wait for a full breakout from the LTF, and a continuation correction to get in the sell.

thank you

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Chart PatternscorrectionFlagimpulseParallel Channelpatternpriceactionstructure

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