PipNibbler74

AUDCAD - short term BUY, then BIG DROP ahead!

Short
PipNibbler74 Updated   
FX:AUDCAD   Australian Dollar/Canadian Dollar
I believe that AUDCAD will have another leg up to 61,8 % retracement which would be around 0.95997 to then develop a huuuuuuge drop to the 27,2 % extension of the bigger structure which will be around 0.91912. Trade with care and good luck!
Comment:
The idea is still valid, the entry for the short term up movement is much better now. Goals are the same.
Comment:

Second try for the buy, then short!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.