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Profound_Ambition

AUDCAD 4H

Short
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
Profound_Ambition Updated   
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Chart Patterns Wave Analysis AUDCAD aussiedollar caddollar Supply Zone Parallel Channel breakout Forex
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trendanalysis chartpattern waveanalysis audcad aussiedollar caddollar supplyzone parallelchannel breakout forex
Price is moving within Daily channel. Looks like we are under a fib level & supply zone, I am waiting for a break of counter uptrend line to go short. Trend line has been respected 4 times, & price is caught in a spot where it needs to breakout. Could happen during tomorrows morning's news for CAD. Will be watching price action, it could head back to the bottom of its daily channel :) !!

Trade with care!
Comment:
Comment:
Daily View:
snapshot
Comment:
Waiting for more confirmation..
snapshot
Comment:
trend line failed to break, so did not take this trade..
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