Bitcoin
Short

AUDCAD - SHORT POSITION

47
Possibility for a short position since audcad has been trading in the channel for a few months.
A bounce around 0.91 should be expected since the area acted as support before.
If the channel is broken and the resistance is not respected the setup should be considered invalid.

Trade with care,
All the best

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.