Trilo

CADAUD Potential shorting opportunity.

Short
FX_IDC:CADAUD   CANADIAN DOLLAR / AUSTRALIAN DOLLAR
8
Just completed a Head and Shoulders pattern. Overall it is in a bearish trend.

An ABCD pattern just completed at the 1.272 extension. There looks like there will be a retracement to some extent into previous SR below the shoulder neck line before it continues with the bearish trend.

Thanks for looking.

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