J_Graystone
Short

AUDCAD Potential Trend Continuation Trade.

FX:AUDCAD   Australian Dollar/Canadian Dollar
271 3 11
Looking at this pair continuing to put in lower lows on on the 60 min time frame, we have now pushed back up into a previous level of structure with Fibonacci ration confluence.
RSI is over bought and if you drop to the Lower time frame market has put in a double top with bearish divergence.

Matching analysis, I like it :)
+1 Reply
J_Graystone PRO RobinOphion
Nice Work Rob!
Reply
Just entered based on this trend channel but this goes with that as additional evidence.
snapshot
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