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RaynLim

Convergence of Patterns

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Dólar Australiano/Dólar Canadense (FX:AUDCAD)  
RaynLim  
FX:AUDCAD   Dólar Australiano/Dólar Canadense
Crab Shark Harmonic Patterns askforex100 AUDCAD convergence Bearish Crab Bearish Shark crabpatterns sharkpatterns trendtrading Contains IO script
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crabpattern sharkpattern harmonicpatterns askforex100 audcad convergence bearishcrab bearishshark crabpatterns sharkpatterns trendtrading containsioscript
Traders, I've spotted a compelling shorting opportunity on AUDCAD, presenting itself differently across various timeframes.

Specifically, the daily chart indicates a trend trading setup, showcasing the convergence of both the Bearish Shark and Bearish Crab Patterns in the same region.

My strategy involves waiting for the market to reach the 0.9000 region before considering engagement. At this level, I anticipate price action traders joining in, amplifying the trade potential.

What are your thoughts or trade plans for AUDCAD? Share your insights or potential strategies below!
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