Get started
KJThaLibra

Potential downtrend continuation on AUDCAD

Short
Australian Dollar/Canadian Dollar (OANDA:AUDCAD)  
KJThaLibra Updated   
OANDA:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Chart Patterns
1
0
trendanalysis chartpattern
Potential down trend continuation on AUDCAD due to a price bouncing off of a validated trend line and coming into contact with a previous support turned resistance.

Additional confluences:
Bearish Divergence on H1
RSI Overbought on H1
Multiple rejection @ 0.874 Price
Trade closed: stop reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.