AUDCAD Short Opportunity

13 Des 2018

Hey!

AUDCAD Possible Short setup:

1. Last week candle extreme bearish Engulfing
2. H&S chart pattern formation
3. FIB 50%
4. Light blue = strong support-resistance area (currently resistance)
5. Possible short-term Double TOP formation



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*This information is not a recommendation to buy or sell. It is to be used for educational purposes only!

13 Des 2018

Catatan

4H candle close and we got another sixth confirmation:

6. After the rejection from mentioned levels above the current price we got a bearish candlestick pattern called "Shooting Stars"!

13 Des 2018

Catatan

Stops are hunted and technically it is better than before!
7. RSI Divergence

13 Des 2018

Catatan

If You want to get more confirmations than wait for a candle close (at least 1H) below the round number 0.96500!

13 Des 2018

Catatan

Yes, we got this!
Bearish Engulfin candlestick pattern on the 4H chart!!

14 Des 2018

Catatan

We got so many confirmations and we got the move downwards.
There is just a little space to go to the target 1 but if You are in this trade then move SL to the zero take some partial profits (always be less greedy than others) and let the rest run.

14 Des 2018

Catatan

The first target reached!