AUDCAD is reaching a KEY level for a SELL

Hi Traders,

AUDCAD has been making bullish continuations over again however it failed to continue its momentum higher as it made a reversal Impulse and then correctively moved within an ascending channel. As we know this type of channel shows a reversal is imminent and we are approaching a double top level to add confluence to this short position.

Looking at price action for confirmation.

Follow your plan and entry criteria.

Good luck

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