Bias Bearish
Fundamental Analysis
AUD is weakening, CAD is slightly bearish to neutral movement
Price Action:
Rejection from H4 SR level. Price formed a double top pattern. Break break below the H1 double top & bull TL.
Confluence:
Higher TF (W/D/H4) - Rejection from S/R
Lower TF (H1/M30/M15) - Broken H1 SR & TL level
Set up:
Short trade entry at H1 broken SR level
SL 2x ATR(20)
TP 1:4 RR next H4 SR level
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