This is AUDCAD 2-hour chart where we can see the impulse down, now this pair is in correction and we're looking to catch the next impulse down.Traders who are more conservative with their trading should wait for the breakout since its a safer entry, because we dont know for how long this can consolidate before it goes down.For traders who are looking to get this...
i have been looking on this pair for quite a long time , i keep waiting the price break the trend line support ,as you can see the price has been supported 3 times(blue rectangle) before, and now the support has broken ,as you can see the red rectangle ,and all of these conclusion support me to short this pair