JasonGraystone

AUDCAD Structure Short Trade

Short
FX:AUDCAD   Australian Dollar/Canadian Dollar
After watching the market push up during yesterdays AUD news, RSI went extremely over bought up at 97
The market then put in a nice Double Top right at that major 9700 even handle.
On the retest we saw some nice bearish divergence on the RSI so I got involved as soon as we had the valid retest signal.

Stops and targets as per the short position indicator.

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