AUDCAD: Your Trading Plan For Today 🇦🇺🇨🇦
Updated
On a live stream today we discussed a potential short trade on AUDCAD:
the pair is currently approaching a strong daily structure resistance.
On an hourly time frame, the price is coiling.
I spotted a tiny head and shoulders pattern.
0.932 - 0.9327 is its neckline.
Wait for an hourly candle close below that to confirm a breakout.
Then short aggressively or on a retest.
Your intraday goals will be 0.93 / 0.928
If the price sets a new high on hourly,
the setup will be invalid.
❤️Please, support this idea with like and comment!❤️
Note
Check my new idea on USDJPY: 
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
Related publications
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.