AUDCAD: Completed Butterfly pattern-the last harmonic pattern?

2017年3月21日

AUDCAD completed a Butterfly pattern on its big bunch of pattern and it looks that this can be the end of the up move as the confluence zone is very strong now. Butterfly patterns are ending structures and they usually signal the end of the trend and the beginning of a new trend.

1. Completed Bearish BAT, Bearish Cypher and Bearish Butterfly on 240 min.
2.Completed ABC structure (blue arrows) on 240 min.
3.Divergences
Good Luck

2017年3月23日

註釋

AUDCAD broke 240 min trendline. Wait for a correction before any sell.

2017年3月23日

註釋

I am expecting a bigger correction before adding to the position. This looks a good sell opportunity for those who are not in the trade.

2017年3月29日

註釋