Hello traders, here's an opportunity to go short on AUDCAD.
I monitored and took some trades on this pair in the month of August and our setup is 75% confirmed.
Two reasons I'm shorting this pair:
1.Daily counter trend is now invalid
2.There's a daily breakout of price from the neckline of what's supposed to be a HS pattern
TIP:
If price stays below the level 0.88945, there's about a 100pips to catch to the most recent lower low.
If you find my ideas valuable do well to like and comment on them.
DISCLAIMER
This isn't a financial advice, it is of my personal opinion and I shall not be held responsible for losses of any kind .
I monitored and took some trades on this pair in the month of August and our setup is 75% confirmed.
Two reasons I'm shorting this pair:
1.Daily counter trend is now invalid
2.There's a daily breakout of price from the neckline of what's supposed to be a HS pattern
TIP:
If price stays below the level 0.88945, there's about a 100pips to catch to the most recent lower low.
If you find my ideas valuable do well to like and comment on them.
DISCLAIMER
This isn't a financial advice, it is of my personal opinion and I shall not be held responsible for losses of any kind .
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.
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.