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CryptoPAMM

AUDCAD Approaching Key Resistance with Potential for Downtrend

Short
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
CryptoPAMM Updated   
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators AUDCAD aud CAD SELL short signal cryptopamm
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trendanalysis chartpattern indicator audcad aud cad sell short signal cryptopamm
The AUDCAD pair has retraced to a significant resistance zone, where sellers have established a strong presence.

Unless a new higher high is formed, the market appears poised for a sizeable downward move.

Traders may find this setup particularly attractive, given the potential for an excellent risk-to-reward ratio.
Comment:
Moving SL to BE
snapshot
Comment:
Fixing 2/3 of profit and SL remains at BE
snapshot
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