AUDCAD Sell

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AUDCAD SellAustralian Dollar vs. Canadian DollarFX:AUDCADLazyTrader88Hey traders! Keeping a close eye on AUDCAD (4H Timeframe) as we have a high-probability short setup lining up perfectly with the bearish order flow. Here is the technical breakdown of why this pair is looking ready to drop: πŸ” The Technical Breakdown: The Macro Trend: Our overall higher timeframe trend dashboard is flashing strictly BEARISH on the 240M and Monthly timeframes, giving us strong macro-trend backing for a short position. The Supply Zones: Price has recently mitigated a key unmitigated Lazy Trader Mini CHOCH Supply zone and is showing clean structural bearish continuation (BOS/CHOCH) on the way down. Liquidity Sweep & Protected High: A minor liquidity sweep occurred to clear out early retail buyers, locking in a clear protected high around the 0.98500 area. Momentum Confirmation: The RSI (14) is trending downward underneath the 50-neutral level, currently sitting in bearish territory at 44.33, indicating that sellers are easily maintaining control. πŸ“Š Trade Parameters: Entry Zone: ~0.98238 (Positioned on the retest of the local supply/order block structure) Stop Loss: Just above the recent protected high invalidation level at 0.98607 Target: Aiming for a major extension downward to sweep sell-side liquidity pools resting near 0.97550 and lower! πŸ”₯ Join the Conversation! Is AUDCAD ready for a deep dive down to the lows, or do you think the bulls will try to squeeze this up to test the higher unmitigated supply blocks first? πŸ‘‡ Drop your charts, targets, and bias in the comments below! If you found value in this 4H breakdown, make sure to HIT THAT LIKE BUTTON πŸ‘, FOLLOW for daily high-probability setups, and SHARE with your trading team! Let’s lock in these pips! πŸ“‰ #AUDCAD #Forex #SmartMoneyConcepts #SMC #PriceAction #TradingView #TechnicalAnalysis #DayTrading #OrderBlock #ShortSetup