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AUDCAD

Dollar Australia/Dollar Kanada (FX:AUDCAD)  
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FX:AUDCAD   Dollar Australia/Dollar Kanada
Trend Analysis Chart Patterns Technical Indicators AUDCAD Descending Channel resistance_level sellpressure beyondtechnicalanalysis JTS
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trendanalysis chartpattern indicator audcad descendingchannel resistance_level sellpressure beyondtechnicalanalysis jts
AUDCAD is trading in descending parallel channel and consistently printing LH and LLs.
As the price has reached to resistance area its nice place for bears to attack and print new LL.
Resistance area has shown good sell pressure and it is making strong red candles.
What you guys think of this idea?
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