Two potential sell zones for $AUDCAD:
Sell Zone 1 - Daily structure and the 1.0 Parity level.
Stop loss above 1.008
Potential Targets - 0.99, 0.985 and 0.97
*Notice that the price is still above daily support (50 SMA line)
Sell Zone 2- Harmonic completion inside a weekly structure resistance
Stop loss above 1.02
Potential targets (based on weekly analysis) - 1.01, 1.0, 0.97
Read more about this setup (including bullish scenarios) and learn about the trading plan in my latest blog post:
goo.gl/97j1KI
Sell Zone 1 - Daily structure and the 1.0 Parity level.
Stop loss above 1.008
Potential Targets - 0.99, 0.985 and 0.97
*Notice that the price is still above daily support (50 SMA line)
Sell Zone 2- Harmonic completion inside a weekly structure resistance
Stop loss above 1.02
Potential targets (based on weekly analysis) - 1.01, 1.0, 0.97
Read more about this setup (including bullish scenarios) and learn about the trading plan in my latest blog post:
goo.gl/97j1KI