Daily Wave Rider - AUDCAD - SELL

Short

Australian Dollar/Canadian Dollar (OANDA:AUDCAD)

OANDA:AUDCAD Australian Dollar/Canadian Dollar

trendanalysis chartpattern waveanalysis audusd audusdshort audusdtrade shorts shortsetup shorttrade

AUDCAD

Channel: RED
WK Pivot: RED
AOB: WP
CON: SBB

SELL Stop: 0.86702
Stop Loss: 0.87310
TP01: 0.86094

DWR present as a sell setup on 18SEP, with Channel and Pivot are red bouncing of weekly pivot

However, trade is not taken/considered as it is not within our trading rules.

SPX500: BUY
DXY: SELL
OIL: SELL
GOLD: BUY

Reference to our WK38 analysis, we are anticipating a "Risk-On" sentiments thus will BUY AUD/NZD.

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