A great short position on AUDCAD due to the high volumes of sell power at .92740, follow by a divergency on the AO Indicator. however, if Aussie cad reach .92740 that would be a Quasimodo pattern because .92280 was the previous HL then Cad came in strong and broke it and close below .92100 a psychological area for buyers. keep in mind, Aussie might do a fake breakout above .92740 an wick to .93060 which is the POC area before continue down to the target.
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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.