Trade Ideas Educator: AUDCAD S&R

The market has failed many times in breaking and closing above the previous high since 20April20. Granted that there is a break above but there isn't a close above of the candle, and having more and more of such it shows that market do not have the strength to close on the high price.

On market open, I'm waiting for a break and close below the candle with yellow eclipsed for a shorting opportunity.