AUDCAD Short idea long range

AUDCAD price has been rejected on HTF 0.90351. From there price didn't make any high and went lower. The pullback gave me a nice confirmation on 0.90110 which can lead to have a down trend until price goes back to the area which the impulse move started around 0.88584.
Please check also other unmitigated areas which can drive the price lower for your own good.
SL approx. 25 pips.
TP: 130 pips.
RR: 1:5

trade on your own risk.

Good luck

Сделка активна:

Today after 3 hours BOC Gov Macklem Speaks. I hope it won't turn the tables around. Finger crossed.