AUDCAD - 5 reasons why to look for a short trade
Well here goes my 5 reasons why to short AUCAD:
1- Evening star pattern formed on a daily resistance
2- Rising wedge was broken
3- Fast oscillators such as CCI and Stochastic RSI are over bought and trending down
4- Divergence on CCI and Stochastic RSI
5- It is a 1 to 2 risk to reward trade
1- Evening star pattern formed on a daily resistance
2- Rising wedge was broken
3- Fast oscillators such as CCI and Stochastic RSI are over bought and trending down
4- Divergence on CCI and Stochastic RSI
5- It is a 1 to 2 risk to reward trade