Analysis of AUDCAD: Bearish Structure and Trading Opportunity

On the daily timeframe, AUDCAD has established an OHLC (Open High Low Close) pattern indicative of a bearish structure. This setup is further validated by the Traders Dynamic Index (TDI) crossover, confirming a sell opportunity. The target for this trade is set at 0.91519. Please proceed with caution. If you find this analysis helpful, consider supporting by liking, sharing, and following my page.
Trade closed: target reached
Target reachedDisclaimer
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.
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.