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Dannicada

AUDCAD SHORT: a move to retest neckline of monthly "W" formation

Short
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
Dannicada Updated   
FX:AUDCAD   Australian Dollar/Canadian Dollar
Support and Resistance Fibonacci Double Top or Bottom
3
0
supportandresistance fibonacci doubletoporbottom
Monthly:
- "w" formation
- possible move to retest neckline
snapshot


Weekly:
- "M" formation
- retest of neckline (fib confluence)
- expecting continuation down
snapshot

Daily:
- 0.618 fib confluence on retracement
snapshot

4hr:
- double top
- entry on simple break and retest of neckline
snapshot

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