AUDCAD
Potential SHARK pattern forming in 1 hr TF.
XA= Retracement = AB = 0.618
AB = Projection = BC = 1.414 (Little short, usually 1.618)
BC= Extension = CD = 1.272 (I'm expecting it to extend at 1.272 level)
To fullfull above conditions it is vital that price level must break @ 0.93600 level and re- test the level.
XA= Retracement = AB = 0.618
AB = Projection = BC = 1.414 (Little short, usually 1.618)
BC= Extension = CD = 1.272 (I'm expecting it to extend at 1.272 level)
To fullfull above conditions it is vital that price level must break @ 0.93600 level and re- test the level.
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