DeGRAM | AUDCAD trend continuation oppportunity

AUDCAD is pulling back to the confluence level: the fibo 61.8% golden zone and resistance level.

The market is making low lows and higher low, indicating a sideways move on the 4-hourly chart, but on the D chart, the trend is bearish.

Price action is likely to move down from the kill zone since we have a bearish market.

We expect a trend continuation trade.



-------------------

Share your opinion in the comments and support the idea with like. Thanks for your support!