AUDCAD SHORT: a move to retest neckline of monthly "W" formation

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Monthly:
- "w" formation
- possible move to retest neckline



Weekly:
- "M" formation
- retest of neckline (fib confluence)
- expecting continuation down


Daily:
- 0.618 fib confluence on retracement


4hr:
- double top
- entry on simple break and retest of neckline

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