AUD/CAD Short Opportunity?

Looking at AUD/CAD from a price action perspective, the price is currently breaking out of the ascending formation, thus we are aiming for a short opportunity towards 0.8908 as our first target. If the price manages to break below 0.8908, we will be looking for 0.8863 and 0.8836 in extension.

Last but not least, AUD/CAD looks like it finished 5 waves up and at least a small correction is needed. Goodluck!

M.Y.