Yuba_Tamazgha

Intra-day short on AUD/CAD

Short
FX:AUDCAD   Australian Dollar/Canadian Dollar
Two trades could play out here. The shark pattern (blue) being the most probable because of the strong previous structure of support now turned resistance between price $1.0178 at 1.13 fib extension and $1.1854 at .886 retracement. The kill zone would be between those two price levels. Price also recently formed a bat pattern (purple). We might see a pull back at the bat, not sure if it could take price completely down.Would make for a good scalp in my opinion. Let's see..



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