AUD/CAD
The chart shows that the price consolidated around the level of 0.88700. The level produced a bearish engulfing candle followed by another candle closing below yesterday's lowest low. If the price is traded below the level of 0.88560 (breakout level) for an hour and the candle closes below the breakout candle, the sellers may trigger a short entry.
Trade Summary
Entry: Sell below 0.88520
Stop Loss: Above 0.88700
Take Profit 1: 0.88330
Take Profit 2: 0.88250
Take Profit 3: 0.88145


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