AUDCAD: Another Bearish Resumption Trade | #FOREX

*Update: First half was closed at first target, moved stop to breakeven, second half was closed at breakeven...

-The price has completed a bearish head and shoulders top
-Broken below the short term rising trend line
-Currently retesting 0.9790-0.9800 horizontal resistance
-The price is trading within a short term bearish channel

I am looking to short near 0.9800 level, a a pin bar at this resistance would be a great confirmation for this short.

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Good luck, keep your stops tight..
My best regards
Technician