AUDCAD: Completed bearish BAT pattern on 60 min

AUDCAD: Completed bearish BAT pattern

1.Completed bearish Bat pattern
2. Near retesting 240 min trendline and 61.8 Fib.Retracement

註釋

240 min picture

註釋

Related Post. 60 min picture

註釋

100 pips down from the BAT completion. We need a break of (A) leg of the BAT now in order to see more downside.

註釋

Bearish Cypher pattern completed as a trend continuation pattern to downside.
200 EMA is acting as resistance at the D leg completion.

註釋

For the short term trade the blue Cypher pattern worked really nice. Price went up to 0.786 fib.retracement of CD leg.

註釋

Target achieved. We can see some correction now before continuing with the down trend.

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