AUDCAD Look for continuation correction here

Short

Australian Dollar/Canadian Dollar (OANDA:AUDCAD)

Updated

OANDA:AUDCAD Australian Dollar/Canadian Dollar

chartpattern wedgepattern flagpattern priceaction structure pattern impulse correction parallelchannel

Hello everyone:

Paying attention to AUDCAD's price action for further bearish move to the downside.

Price finally broke out of the HTF rising wedge, and a sharp bearish impulse to push the price down.

The latest price is forming yet another bearish continuation correction wedge, and it can give us further selling opportunities once correction is over.

BE patient and wait for confirmed breakout form the correction to give us the entry down the the next lows.

thank you

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