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AUDCAD short idea

Hi traders,

Price is approaching a to descending trend line which has been respected for a while now and I expecting the same again but I would wait for a bearish engulfing candle once it touch the trendline before going short on this. I have marked the tp and sl for you as well.

Remember, the trade is only valid once it touch the trendline and create a bearish engulfing candle on the 4h or 1h chart.

Let me know your thought.


Trade safe and good luck.
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