AUDCAD broke and closed below the psychological level at 0.8800 which became resistance.
The market is making low lows and lower closes in the descending channel, an indication of bear dominance.
Price action is likely to move down from the fibo cluster.
We expect a trend-continuation trade since we have a bearish trend and divergence at the border of the descending channel.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
The market is making low lows and lower closes in the descending channel, an indication of bear dominance.
Price action is likely to move down from the fibo cluster.
We expect a trend-continuation trade since we have a bearish trend and divergence at the border of the descending channel.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
交易结束：到达目标:
TP was hit
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🔻FREE Telegram channel🔻
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