Australian Dollar/Canadian Dollar
Short
Updated

AUDCAD bearish entry at the completion of this AB=CD pattern

286
Hi traders,

On the AUDCAD I'm looking to enter short at the completion of this AB=CD pattern. This area lines up with the 38.2% Fibonacci retracement and the 61.8% Fibonacci retracement.
Entry: 0.97674
Stop: 0.98292
Target: 0.96113 = R:RR 2.53

Good luck guys! I will be updating this post as time progresses.
Order cancelled

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.