AUDCAD Sell Idea
D1 - Price reached the downtrend line. If we didn’t get a valid breakout here, we may then expect the price to respect this trend line and move lower again.
H1 - Price broke above the critical zone, potential bearish divergence.
If this turns out to be a false break, we may then start looking for sells with bearish evidences. If this turns out to be a valid breakout and if the price holds above this critical zone then this setup will be invalidated.
H1 - Price broke above the critical zone, potential bearish divergence.
If this turns out to be a false break, we may then start looking for sells with bearish evidences. If this turns out to be a valid breakout and if the price holds above this critical zone then this setup will be invalidated.
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