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UmarAbdurRehman
Dec 10, 2018 8:38 PM

AUDCAD Big Short ahead Short

Australian Dollar/Canadian DollarFXCM

Description

AUDCAD broke out last week, current price action seems to be forming a higher low to then start of fresh falls, since overall momentum is quite weak on this market when looking across bigger picture. Keep watching this market for a possible shorts ahead.

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Thanks for your support.

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Like I said correction may continue a bit - Finally market broke out the corrective structure, lets see how it unfolds. Good Luck.
Comments
Ahmed88
do you think it will be heading down?
UmarAbdurRehman
@Ahmed88, its in a bit corrective structure, still no change in my view.
Ahmed88
@UmarAbdurRehman, what is your usual stoploss?
ggs111
Time to going down
UmarAbdurRehman
@ggs111, like i mentioned wait for a strong break to pull trigger.
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