uzzaam17

AUDCAD MELT

Short
uzzaam17 Updated   
FX:AUDCAD   Australian Dollar/Canadian Dollar
If you take a look at the Daily chart, there has been numerous attempts to breach the 0.94000 level, but all have failed and rejected this price. Furthermore, the dotted line delineates swing points, where we are currently in a retracement. My short zone lines up perfectly with key fibonacci retracements.

I predict this pair will be bearish from my zone, and gravitate way lower.

Please use proper risk management if you decide to take on this trade.
Trade active:
If you took this trade you should be UP 30 PIPS!
Trade active:
80 PIPS and COUNTING
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.