AudCad has been bearish for some time now. Price is currently at a higher time frame LL. If price can shift bearish on the smaller time frame then it would mean price is respecting the retest and will continue pushing to the downside. I'll personally be looking for a 1:3rr on this set up if the set up plays out as planned. I'll go long on the pair if price manages to push back above the higher time frame LL with smaller time frame bullish structures to support.
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