Hello Everyone,
Let's take a look at AUDCAD. Recently price broke below a rising trendline. What's also impressive is the pair formed a head and shoulders pattern which we can say the neckline was broken to the bottom. We are now seeing the retest of both the broken rising trendline and the neckline. I will be looking for short positions with main target at 0.918.
If you like this idea please do not forget to show your support with likes. Do also comment below if you have different opinion. Thanks
Let's take a look at AUDCAD. Recently price broke below a rising trendline. What's also impressive is the pair formed a head and shoulders pattern which we can say the neckline was broken to the bottom. We are now seeing the retest of both the broken rising trendline and the neckline. I will be looking for short positions with main target at 0.918.
If you like this idea please do not forget to show your support with likes. Do also comment below if you have different opinion. Thanks
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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.
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.