TheSignalyst

AUDCAD waiting for our trigger to sell

Short
FX:AUDCAD   Australian Dollar/Canadian Dollar
AUDCAD formed a valid 3 confluences setup:

1- Head and Shoulders Pattern

2- Objective Trendline (in blue)

3- Divergence on MACD (in red)

our trigger would be a momentum candle close below our gray neckline.

This analysis is done using RichTL
www.RichTL.com

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