The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
After a daily head and shoulder pattern formation. AUD -CAD potentially to short.
Hello to all, AUDCAD was came to an important resistance level. Its the top of falling channel and middle of upside main channel. We can wait any breakout to upside for join a long trade or we can short from here and stop if see any candle close above channel. Good Luck! If you find it useful, please support this idea with LIKE.