AUDCAD POTENTIAL SHORT OPPORTUNITY.

We can see a fake breakout of daily trendline. This usually means exhaustion and we are ready to continue the downtrend. price is touching trendline again and we might have a potential double top at 0.5 fib retracement. We can set targets at AB=CD completion.
Chart PatternsDouble TopForexforexgroupforexsignalforextipspricechartTechnical AnalysisTrend Analysis

Penafian