AUD/CAD Short
Price has left the weekly sell zone, broken the four hour trendline, and broke the first level of demand. It continued downward and pierced the second level of demand and retraced back to the first broken level which has now turned into a four hour supply zone that is nestled in the weekly supply sell zone. This looks like a good level for a short. If you want to wait for confirmation, a break of the second zone will give you a feeling that the trend has changed. Price is also moving towards the lowest pivot point...
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