AUDCAD POSSIBLE SHORT
Updated
On the daily, AUDCAD has created a head and shoulder which is clearer to see on the 4hr. It has also rejected yesterday's high as well as 0.94000 institutional level, indicating a bearish environment. From a 4hr perspective, the 0.62 fibonacci retracement lies perfectly in line with the price I believe it will reverse from (0.93879).
Trade active
0.93879 TO THE ABSOLUTE TEE!!!Your'e Welcome.
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.