Bearish on AUDCAD with Descending Triangle

5 בפבר׳ 2015

Found an interesting Descending Triangle on AUDCAD. It currently has come back from hitting structure (previous support now resistance). I am looking for a short term drop down to 0.96622 and a descending triangle target at 0.94976. Great part is these targets match with previous structure.

Trade wisely, Trade responsibly.