FX:AUDCAD   Australian Dollar/Canadian Dollar
Distribution in AUDCAD.

During the night we had the upthrust after distribution with a pretty high volume and then the Sign of weakness with higher volumes that confirm the bearish impulse.

We had two opportunities to enter:
1) after the utad with a tight stop (risky entry)
2) after the last point of supply a few mnutes ago ( safer but with a lowest R/R ratio.

Never stop exploring!

Drago Investments.
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.