AUDCAD Short Opportunity
Overall Trend:
The price is in a downtrend, indicated by the sequence of lower highs and lower lows.
Moving Averages:
The 50-period Simple Moving Average (SMA) (red line) is above the current price, suggesting bearish momentum.
The 200-period SMA (blue line) is also above the current price, reinforcing the bearish trend.
Bearish Wedge:
The price broke down from a rising wedge pattern, indicating a potential continuation of the downtrend.
The price is in a downtrend, indicated by the sequence of lower highs and lower lows.
Moving Averages:
The 50-period Simple Moving Average (SMA) (red line) is above the current price, suggesting bearish momentum.
The 200-period SMA (blue line) is also above the current price, reinforcing the bearish trend.
Bearish Wedge:
The price broke down from a rising wedge pattern, indicating a potential continuation of the downtrend.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.