AUDCAD Short Set Up Developing

업데이트됨
AUDCAD is currently doing a counter trend pull back to a resistance zone as outlined in the daily chart. AUDCAD is currently in a bearish trend and a pull back to the resistance zone would be an excellent area of value to take short.

This short opportunity is 1-3 days away yet as we need to see some deceleration and 'break down' in the 1 hour chart to confirm our trade idea and therefore take the trade short. If this market heads above the resistance zone, it is highly possible the market will be changing trend from bearish to bullish.

The 1 hour chart is also attached with technical analysis.

스냅샷
노트
Please check out the attached Daily and 1 Hour charts that contain updates on this shorting opportunity:

Daily: 스냅샷

1 Hour: 스냅샷

We still require deceleration and confirmation on the 1 hour chart before shorting.
AUDCADChart PatternsdailychartdaytradeshortswingtradeTrend Analysis

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