Confluence Strategy on USDCAD for short term opportunity.
Key confluences are :
Fibonacci levels + supply zone + Daily TF Trendline.
Will look for divergence for final confirmation of this Strong Profit taking Short.
Long Term Trade on Weekly chart.
Based on Fundamental Analysis of AUD.
AUD ...Weak Currency to go short on,
Strong Demand Zone on Bat Bullish Completion 88.9 % Zone.
We will look for Divergence to play its part before triggering this LONG for long term profits.