AUDCAD
has completed a series of bearish patterns at an important .382 retracement level. Two bearish crabs are confluent with a bearish Gartley pattern and a bearish Wolfe Wave 2-4 parallel. To add to the bearish bias, the unhit pivot for the month of December is precisely confluent with 50% retracement of the green crab CD leg. SL is placed above WW entry with target at the December pivot/.5CD.
Confluence in the PRZ:
Thanks for your continued support and don't forget to click the thumbs up button and follow for future updates and more trade ideas!
Confluence in the PRZ:
- Bearish Gartley pattern completion
- Bearish crab pattern completion (2X)
- .382 Fib S/R level
- Bearish Wolfe wave setup
- Unhit December, 2015 pivot below price
Thanks for your continued support and don't forget to click the thumbs up button and follow for future updates and more trade ideas!
交易進行:
Nice rejection of price at top of parallel channel:
評論:
Nice place to add: