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ForexPotatoe
Mar 27, 2024 11:57 AM

AUDCAD SELL SIGNAL Short

AUD/CADOANDA

Description

Hello guys! its your girl forex potato, i have followed this pair for over a month now looking for signals, finally found one having missed NZDCAD entry.
AUDCAD has been a consistent downtrend for a long time now, it retraced and and now the trendline formed from pull back has finally broken and price is showing a sign of weakness indicating that the sellers are currently strengthened.
CONFLUENCES:
Price is in a downtrend
Pull back trendline is broken
Bearish engulfing
Double top


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