Potential continuation of the downtrend for FX:AUDCAD by YZumbrunnen

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Short

Australian Dollar/Canadian Dollar (FX:AUDCAD)

FX:AUDCAD Australian Dollar/Canadian Dollar

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audcadshort audcad trendcontinuation trendline

Potential short after the small retracement to the bigger downtrend line.
Stop above recent highs and target at a longtime support level .

Waiting for confirmation of the countertrendline break

Took me into the trade and then went stright to the stop loss. Bad trade as I forced this one because my last trade was long time ago.
Lesson learned: Never force a trade. And only trade good setups.