Australian Dollar/Canadian Dollar
Short
Updated

AUDCAD Sell Opportunity

130
AUDACD has a nice Upward channel formation here for the last month.

Indicators:
1. Weekly Stochastic RSI in sell zone
2. Daily Stochastic RSI about ready to be in sell zone.
3. Smaller time frames all in sell zone.

Entry:
1. Current price area of 0.9670
2. Top of channel at 0.9700 area

TP 1: 0.9600
TP 2: 0.9500

Good luck trading!

Charles V
cvfxmanagement.com
cvfxwealth
Trading made Simple
Note
TP hit last Friday. Hopefully everyone got in as well! Staying out of sell until 0.9520 handle is broken (bottom channel)

Good luck!

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