AUDCAD DAILY TIMEFRAME SHORT 100+PIPS
Here as you can see its broken the WEEKLY resistance line, It has comeback multiple times to retest the resistance line (now acting as a support) There is a chance it could be forming a triple top pattern. it may bounce back down and comeback to the support line before going long or it may break the support line in order to complete the triple top pattern
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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.