Short AUDCAD - 4-H timeframe

٣١ يناير ٢٠٢٢

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I am taking a short trade on AUDCAD:
- Overall down-trend.
- Break down and pull-back to an area of value ( support ), which is now M3 entry ( Wayne Pivots ).
- An engulfing candle about to be made at 4-H chart ( not closed yet ).
- Oil price got over 90. but Australia rate statement is after about 11 hours from now.