AUDCAD Long

As soon as daily formed LH while respecting the downward slopping bearish trendline, notice price close with a strong bearish momentum. In anticipation of a pullback, stepping to a lower timeframe, notice how 1H demonstrates bullish MACD divergence. Fib retracement drawn, trade was executed 0.9217 with 75 pips target (around the next area of resistance)