AUDCAD short opportunity.
AUDCAD in terms of a weekly perspective is trading within a flat. Smaller time frames see's us currently on 'D' of the correction, waiting for solid confirmation of Impulse to the downside to complete once hitting the top. Break above will invalid this idea. Happy trading
Note
Be mindful for a potential move down outside of pattern. Look for impulse either way, I am more so interested in a corrective move up for a sell. But will assess if we get an impulse to the downside for a potential sell.
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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.