AUDCAD brokeout above the downtrend resistance.
Price is testing the horizontal resistance level.
RSI is printing a bearish divergence signal.
Bearish pin bar ( shooting star ) formed on 4H timeframe.
The market is printing a rising wedge pattern.
Sell entry ⬇️ - breakdown below the rising wedge support + previous swing low.
Target - fibonacci retracement levels
Price is testing the horizontal resistance level.
RSI is printing a bearish divergence signal.
Bearish pin bar ( shooting star ) formed on 4H timeframe.
The market is printing a rising wedge pattern.
Sell entry ⬇️ - breakdown below the rising wedge support + previous swing low.
Target - fibonacci retracement levels