Australian Dollar/Canadian Dollar
Short
Updated

AUDCAD - Short Opportunity

108
Hi!

I see here a nice opportunity to short AUDCAD - at least for the next few hours.

The idea is based on a simple but very effective price action and market structure approach.

Let me know in the comments what you think 🤔
Trade closed manually
Closed the trade break-even. The momentum did not develop as I had hoped for. The structure is starting to shift into bullish now as well.

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.