AUDCAD - SETUP - STATERGY 1 - WK10CH21

BIAS: SHORT AS PER BELOW ANALYSIS

Bearish Indications:

1) Shooting Star @ 4 Hr & Handing Man @ 1 Hr
2) Resistance At 0.92500 - 0.93100 & Currently Price In Resistance Zone
3) AB=CD Pattern Complete - 4 Hr
4) Rising Wedge - Reversal Pattern
5) Fib level given respect 0.786 Level Acted as Resistance, 0.618 Level Acted as Support
6) Divergence At RSI

Bullish Indications:

1) Mature Bullish Trend In Daily, 4 Hr & 1 Hr