AUDCAD: Classic Trend Following 🇦🇺🇨🇦

AUDCAD was coiling for quite a while on a strong 4h intraday structure resistance.
The price formed a head and shoulders pattern and just recently broke its neckline.

Taking into consideration that a global trend on the pair is bearish,
I expect a further decline.

Goals:
0.922
0.918

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Check my new idea on USDCAD: