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glennmercer

Momentum Change in Aussie: Potential Short Opportunity

Short
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
glennmercer Updated   
FX:AUDCAD   Australian Dollar/Canadian Dollar
AUDCAD glennmercer gmercerfx Wedge
20
0
audcad glennmercer gmercerfx wedgepattern
Hey traders, as you can see we've had a change in momentum toward the downside in Aussie pairs. The AUDCAD is channeling down and creating clear S/R lines off of which to place a short. Break of the dotted support will confirm. Cheers
Trade active
Comment:
Testing the dotted support line. Break will send us further in the right direction.
Comment:
PERFECT price action! Hold and enjoy...
snapshot
Trade closed: target reached:
+116 Pips
snapshot
Comment:
+130 Pips **

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