AUDCAD OVERALL BULLISH BUT IN A DOWN RETRACEMENT
Waiting for a low price to form with a pull back to enter a short position.
Price last week broke the outer up trendline.
Looking to short the King's Crown pattern.
Once price reaches my TP 2, I will wait to ensure price respects that level and look for price to start heading back up to the 1.618 D extension @ 1.02417.
Price last week broke the outer up trendline.
Looking to short the King's Crown pattern.
Once price reaches my TP 2, I will wait to ensure price respects that level and look for price to start heading back up to the 1.618 D extension @ 1.02417.
