OANDA:AUDCAD   Dollar Australia/Dollar Kanada
AudCad has been in a downtrend since a year now.

It has been respecting a downward trend line since September.

It has given a false breakout and created a bull trap.

Refer to 4 hour time frame and enter a short trade.

Stop loss and 2 targets have been marked.

Always put Stop Loss

Do your own research before entering a trade.

Let me know your views in the comment.
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