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Penelopy1104
Aug 30, 2021 11:56 PM

AUDCAD, following the trend  Short

Australian Dollar/Canadian DollarFXCM

Description

The markets are clearly bearish, with consistent lower lows. Price Has tested the current trendline but waiting for a confirming bearish push from the market into my zone of interest (along with other confluences) to confirm the sell bias. All in all i'm Looking for SELL opportunities, but if price breaks of fakes out of the trending area the analysis will adjust accordingly.

Hope this helps :)
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