Possible Continuation trade on AUDCAD

I've been looking for a short trade on this pair for a few weeks - we've had a break of the pullback and structurally it looks very similar to the previous "peaks" There is no set up at the moment but if we get a small flag look to trade the break out. If we don't get a set up then leave it alone. I'm not expecting any fireworks with this one but i have a sneaking suspicion that in a few week price will have put in a new low.

This is not investment advice

Steve Nixon
Trainer & Mentor

Commento:

Let's see if we get a short break of this "flag"