AUDCAD SHORT

audcad looking for more confirmation before entering perhaps a retest and then a break to the downside

WHAT DO WE SEE? ON AUD CAD?:

* HEAD AND SHOULDERS

* 8 EMA AND 21 SMA CROSS OVER

* STRONG BEARISH MOMENTUM BREAK OD THE 1H SUPPORT TRENDLINE

ACTIONS TO TAKE :

WAITING TO SEE ANOTHER BEARISH CONFIRMATION CURRENTLY PRICE ON 1H IS RETESTING/ CONSOLIDATING BEFORE MAKING A BREAK TO THE DOWNSIDE