AUDCAD is in a bearish term. We have multiple confluences here like price being below EMA 50, RSI below 50, double top candlestick pattern. With RR 1.7, we can look for short positions.
Entry: 0.86697
SL: 0.86763
TP: 0.86580
Entry: 0.86697
SL: 0.86763
TP: 0.86580
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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.