AresFx

AUDCAD Short after Hitting Resistance

Short
FX:AUDCAD   Australian Dollar/Canadian Dollar
AUDCAD just hit a resistance line where we can take a short-term sell opportunity. Although the 4H chart created a double bottom pattern, we could catch a pullback which is a bullish pattern, we could catch a pullback. I don't normally use and trust indicator much but MACD is a well-performed indicator and has shown a short entry in the 1H timeframe.

Please give a thumbs up if you agree with the idea and if there are any questions, feel free to comment down below.

Entry: 0.95646
SL: 0.95947
TP: 0.9515
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