Charlay321
Short

AUDCAD Descending Triangle Pattern [Short]

FX:AUDCAD   Australian Dollar/Canadian Dollar
12 0 1
AUDCAD             has formed a descending triangle pattern on the daily chart . Today's inside day bar could be the start of the run lower or it could fill the rest of the triangle. Looking to sell around the 98.20 area with profits around the .9500 area. Profit based on size of triangle and previous area of consolidation. Good Luck!
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