AUDCAD Structure Short Trade
Australian Dollar/Canadian Dollar FX:AUDCAD
After watching the market push up during yesterdays AUD news, RSI went extremely over bought up at 97
The market then put in a nice Double Top right at that major 9700 even handle.
On the retest we saw some nice bearish divergence on the RSI so I got involved as soon as we had the valid retest signal.
Stops and targets as per the short position indicator.