AUD/CAD in a possible sell and indicator are overbuy

Today at night, there are a interesting analysis to entry in a short position. Waoh, there are an armonic pattern bearish with possible proyection of 0.78 and 0.61 of Fibonacci of the weekly that I draw it. Also, if you look up a yellow zone, this is a great zone paint of yellow that represent a strong resistance, this is a not signal to continue bull, I do hope of this par that validate the RSI and MACD to sell it, very important, I draw in the RSI a blue line if the RSI began to do a high lower and the price is began to do a high lower, this is a signal for sell. Also, se need to validate as third point if this possible manipulation is going to accomplish if go to make a pull back in the zone resisteance once that quitting quickly all participants in the market for eating it their stop loss.

Take precaution of this par, its a great opportunity to enter a short. Tomorrow morning I go to continue make thsi analysiss.

Proyection is 0.618 or 0.782 of Fibonacci, and its accomplish, we can to take decision to see what could happening of there area.

Trade fermée: ordre d’arrêt atteint:

We need to see this par very seeing up. Because we need to verify if this par confirm the support to entry in a buy, because if this dail support does'nt broke down, the par it's will come to going to up the price and broke the the descendent hhannel.