CharlesUgo-CordFx

AUD CAD - Why i am looking for Sells?

Short
OANDA:AUDCAD   Australian Dollar/Canadian Dollar
#AUDCAD Analysis for the month from 6th March, 2022

From the Monthly timeframe, Price has given us a Monthly W-Pattern and is very close to the Supply Zone on the weekly timeframe that broke structure on the left to the downside. While Price is on the way to the weekly supply zone, We are looking at getting into Sell positions as soon as our Entry requirements are met inside the Weekly Supply Zone and hold the position to the monthly Neckline
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