AUD/CAD - Possible Short setup
On the monthly we have a clear down-trend. Price has rejected monthly support line. looking for a short position entry on the daily. Waiting for mor confirmation
On the daily we see a nice pullback to the 0.5 fib waith a doji on the close of the daily candle. waiting for confirmation in the next session or two for entry
Trade active
Entered Short
Take profit 50%
Trade active
Note
Take profit #1 HitTrade closed: target reached
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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.