AUDCAD SHORTS

٢٨ ديسمبر ٢٠١٩

The monthy timeframe hints at a bullish run, the weekly and the daily forms what seems to be a potential supply/demand zone. While the 4H chart reveals what is a 3 month consolidation at this level. For now based on the structure of the hourly chart, I'm learning towards short term sells given the strength of this level previously as well as the candlestick formation on this time frame as well as the younger ones. It seems to be forming a double top.