Bearish Trendline on AUDCAD

In the chart of the pair AUDCAD, we can see a trendline in a one day time frame. In this, five touches confirm the bearish trend, thats why we can set a shrot position when the price reaches the trendline or when it is close. Also, the Stochastic RSI shows an overbought condition in the market, so it is very possible that the price will continue to decrease. When there are operations with trends, a Take Profit is not established, but the behavior of the price is monitored regarding the trend line. The stop loss can be placed at the level of the red line of the indicated pitchfan, so it will change as the price advances goes forward.FX:AURESPECTINGDCAD