AUDCAD, is it time to short?

AUDCAD / 1W

Hello traders, welcome back to another market breakdown.

AUDCAD has been pulling back for weeks now after tetsting the low of teh channel. The market is approaching the uper side of the channel where bears might show up.

I'll be looking for a lower time frame confirmation to go short.

Trade safe.
Trader Leo.

עסקה פעילה:

I got stopped out at Breakeven.

הערה:

The setup is still in Play on the weekly chart.

הערה:

AUDCAD / 4H
Chart update with important levels to watch for.

עסקה פעילה:

I have closed my position for now. I'll wait and see if bears can break support again.