Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
AUDCAD: How to Short With Confirmation? 🇦🇺🇨🇦
Australian Dollar/Canadian Dollar
Short
AUDCAD: How to Short With Confirmation? 🇦🇺🇨🇦
By VasilyTrader
Follow
Follow
Updated
Aug 27, 2021
1
3
22
22
Aug 26, 2021
Hey traders,
AUDCAD is trading in a bearish trend on a daily.
Lower highs are respecting a major falling trend line.
Yesterday the price tested that.
To short with a confirmation,
follow a rising wedge pattern on 4H.
Its' support breakout (4H candle close below) will be a trigger for you to sell.
Initial goal will be 0.9116
In case of a bullish breakout of a trend line (daily candle close above),
bullish continuation will be expected.
❤️Please, support this idea with a like and comment!❤️
Aug 27, 2021
Note
Check my new analysis on USDCAD:
AUDCAD
Multiple Time Frame Analysis
priceaction
swing
trader
trading
Trend Lines
Wedge
VasilyTrader
Follow
✅Join My Telegram Channel:
t.me/VasilyTrading
❗️YouTube Channel
youtube.com/c/VasilyTrader
💰Instagram:
instagram.com/VasilyTrader/
💰
✅Facebook:
facebook.com/VasilyTrading/
✅
Also on:
Related publications
SILVER (XAGUSD) Very Bearish Outlook 🥈
by VasilyTrader
GOLD (XAUUSD): Did You See That Trend Line?? 🥇
by VasilyTrader
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
.