EvanJones

AUDCAD Double top formation

Short
FX:AUDCAD   Australian Dollar/Canadian Dollar
4
A nice double top has formed, with targets aiming for the 61.8% fib area. places stops above the highs by a few pips and if it breaks this then a breakout trade is on, otherwise a little retracement is expected.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.