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TheSignalyst

AUDCAD Potential Bearish Movement

Short
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
TheSignalyst  
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators AUDCAD Bearish Patterns roundnumber Support and Resistance Supply Zone breakout rejection
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trendanalysis chartpattern indicator audcad bearish roundnumber supportandresistance supplyzone breakout rejection
AUDCAD Potential Bearish Movement

we are waiting for a momentum candle close below 0.890 to sell this one

Reason:
1- Regular Bearish Divergence on MACD (in red)
2- Objective Wedge Pattern (in blue)
3- Resistance / Round number in purple 0.910

Three confluences are enough to consider Selling AUDCAD, after a break below 0.890 (in gray)
72 hours left for the 33% discount!
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