CipherCharts

AUDCAD: Potential Bearish Shift

Short
OANDA:AUDCAD   Australian Dollar/Canadian Dollar
AUDCAD printed AB=CD Pattern followed by a bearish divergence on RSI.
Potential Bearish shift is expected. Entry is suggested on the breakout of previous low.
Stop loss on previous high.
TP Levels are suggested based on RRR of 1:1 and 1:2

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