AUDCAD instrument shows a bearish trend with a double top reversal pattern and the bearish divergence. Take a sell entry at double top neckline with a stop loss at the top with 3 pips above. TP1 and TP2 are placed with 2 trade entries at the risk to reward ratio of 1:2.
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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.