AUDCAD Bigger Picture Trading Opportunity
Updated
Hi Freedom Traders,
hope you all had a great weekend.
If you are following my trading ideas you know that we are currently short in the AUDCAD due to a bearish cypher pattern completion.
For those who missed this trading opportunity there is a chance of a bat pattern completion at 1.0311. At around the same level I also spotted an AB = CD Pattern completion.
Two harmonic Patterns completing at the same price level offer us Freedom Traders a nice trading edge. Only then do we want to be active in the markets.
You find possible entry and exit levels for controlling risk and maximizing profits in the chart.
Happy Trading and a successful trading week!
hope you all had a great weekend.
If you are following my trading ideas you know that we are currently short in the AUDCAD due to a bearish cypher pattern completion.
For those who missed this trading opportunity there is a chance of a bat pattern completion at 1.0311. At around the same level I also spotted an AB = CD Pattern completion.
Two harmonic Patterns completing at the same price level offer us Freedom Traders a nice trading edge. Only then do we want to be active in the markets.
You find possible entry and exit levels for controlling risk and maximizing profits in the chart.
Happy Trading and a successful trading week!
Trade active
Note
looking good - Happy Trading!Note
profit target 1 hit: +226pips :-)
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