Daily Wave Rider - AUDCAD - SELL

Short

Australian Dollar/Canadian Dollar (OANDA:AUDCAD)

OANDA:AUDCAD Australian Dollar/Canadian Dollar

trendanalysis chartpattern waveanalysis audcad audcadshort audcadtrade audcadsetup shorts shortsetup shorttrade

AUDCAD

Channel: RED
WK Pivot: RED
AOB: WS1
CON: SBB

SELL Stop: 0.85838
Stop Loss: 0.86677
TP01: 0.84999
TP02: 0.83321

DWR present as a sell setup on 16 OCT, with Channel and Pivot are red bouncing off weekly support line

However, trade is not taken/considered as it is Monday which is normally correction day and market is unpredictable

SPX500: SELL
DXY: SELL
OIL: SELL
GOLD: BUY

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