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TheSignalyst

AUDCAD potential sell / reversal setup

Short
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
TheSignalyst  
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators AUDCAD pattern breakout reversal Support and Resistance zone
20
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trendanalysis chartpattern indicator audcad pattern breakout reversal supportandresistance zone
on DAILY: price is currently sitting around resistance so we will be looking for objective sell setups on lower timeframes

on H1: price formed an objective channel in blue.

we are waiting for a momentum candle close below our last swing to sell this one.
This analysis is done using RichTL
www.RichTL.com

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