apdodog
Short

AUDCAD Standard Down Move

OANDA:AUDCAD   Australian Dollar/Canadian Dollar
Hello traders,

We are most likely done with the B wave correction between the whole flat and we should be moving down soon to break the 0.8984 / 0.898 range. After that, we will have to wait for either a continuation pattern to keep going down or a reversal impulse to break previous top.


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Thank you,
Good luck
Comment: We are getting a long flag, the down move can be over as a contraction. Be careful if you are still selling this! We can be looking at this possibility as of today.
Comment: Going well so far, I am expecting more up move!
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