AUDCAD SHORTS COOKING UP
Hello friends, its a beautiful Tuesday morning and AUDCAD is cooking up something nice for us.. First the daily timeframe, Order flow is bearish, price has retraced into a Daily reversal zone marked with the red and blue fib. Price has taken liquidity at swing highs on the H4 and within the daily reversal zone price has printed a Weak hands pattern (1hr) increasing the probability of price dropping.. Isn't that what we all want as traders? to put probability on our side... So I have refined the Hourly Orderblock to the 15 minute and I will be looking for confirmations using the DM_FX entry model within that 15 min OB on the 1 min TF if price retraces into it... Our target is the Last Daily Low.
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