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Dragon_Investments
Jun 3, 2019 2:13 PM

possible shark pattern Short

Australian Dollar/Canadian DollarFXCM

Description

cad has been weak due to oil prices slump, audcad is forming a rising wedge in h4 and h1, and a divergence in momentum h4 so actually price is going up slower than before and possible bears can come in market.
we need to wait for pattern on point d and then we can sell, this evening there will be australia interest rate decision so do not overtrade,you can place a sell limit on point d with 30 pips stop loss due to high volatility of this night....
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