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AUDCAD: Time to Short 🇦🇺🇨🇦

Short
Australian Dollar/Canadian Dollar (OANDA:AUDCAD)  
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OANDA:AUDCAD   Australian Dollar/Canadian Dollar
Flag Wedge Multiple Time Frame Analysis AUDCAD australiandollar aud canadiandollar Forex priceaction signals
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flagpattern wedgepattern mtfa audcad australiandollar aud canadiandollar forex priceaction signals
snapshot

Here is a classic example of a top-down confirmation setup:
after a breakout of a key support on a daily, AUDCAD retested that.

The price was steadily growing within a bearish flag formation.
The text of structure triggered a strong bearish reaction
and the price violated a support of the flag.

It confirms the strength of the sellers and a highly probable bearish continuation.

Goals: 0.859 / 0.8576

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