Bear Flag on Bear Flag, Reversed off .5 Fib, Possible AB=CD

Updated
AUDCAD is presenting us with an opportunity to sell the breakout of a bear flag . We have multiple other signals that suggest further bearish movement:

1. Reversal off .5 fib retracement
2. Smaller broken and retested bearish flag inside of the larger channel.

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Flag Broken
AB=CDaudAUDCADCADFibonacciFLAGFlag

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