AUDCAD H1 SHORT PRICE ACTION FORECAST

49

A downtrend confirmed on three different timeframes (H1, H4, D1). The pair is trading under bearish pressure.

Price in a pullback heading to a nice area for a short setup.

The order:
1st entry:
Type: sell-limit:
S/L: 52 pips - R:R | 1:2 -
T/P: aiming to the next supply zone

2nd entry:
Type: sell-limit:
S/L: 56 pips - R:R | 1:2 -
T/P: next supply zone + trendline

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