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GemtradesFX

AUDCAD Sell

Short
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
GemtradesFX  
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators gemtradesfx AUDCAD audcadshort
2
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trendanalysis chartpattern indicator gemtradesfx audcad audcadshort
Daily - Nice long wick rejection from the descending trendline and lines up with the 'golden pocket' area of the fibonacci.

4HR - Most recent candle failed to close above the dynamic resistance area

Will be looking for a close below the 50MA on the 1hr before considering entering this short.
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