It seams like a flag pattern is under construction on this pair. We had also a very nice push down this week like I guessed on my first idea I published before on April 28th.
I think there is more potential for bears to take over control on AUD/CAD. I have also put a tight stop-loss on my idea because there is no need to have it wide imo. if price moves in wrong direction it can go up quite much.
Have a nice weekend all traders.
I think there is more potential for bears to take over control on AUD/CAD. I have also put a tight stop-loss on my idea because there is no need to have it wide imo. if price moves in wrong direction it can go up quite much.
Have a nice weekend all traders.
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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.