11021992

AUDCAD: Short after the breakout

Short
FX:AUDCAD   Australian Dollar/Canadian Dollar
363 views
13
Hi traders,

On the AUDCAD 4H timeframe we were just a few pips away from a completion of a perfect AB=CD pattern. It looks like price could use a reaction and the point D seems like a great idea for that.
I'm waiting for a breakout of the trendline and enter from there, to confirm the switch in momentum.

Cheers!