Hey guys! Its your girl Forex Potatoes. We have a signal for AUDCAD, currently we can see that audcad has been in a consistent downtrend for a long time and we can see a third touch and divergence on 30 mins time frame.
Confluences:
Downtrend on 4H downtrend,1H downtrend and 30mins Downtrend
RSI: Currently overbought
4H Bearish engulfing candlestick, 30 Mins and 1HR candlestick
Price below 50EMA
Confluences:
Downtrend on 4H downtrend,1H downtrend and 30mins Downtrend
RSI: Currently overbought
4H Bearish engulfing candlestick, 30 Mins and 1HR candlestick
Price below 50EMA