Crap pattern!
Look to the bigger pattern
Short opportunity
Long opportunity
The long pattern is already in action, but the short pattern provids a nice trading Chance.
Two great trading opportunities.
Before you enter the trade, look at the AUDCAD, what the Aussie is doing! The Kiwi is stongly depending on the Aussie!
This pattern is right now in Action!
This comes and is into play! Look for an resonable short entry!
We have an potential pattern and we have in addition an opportunity of an 2618 trade! Look at the green box for an Long entry, if Price Action goes down! The red lines shows the 2618 trade!
If you have entry rules, that is a must have, then look for an short entry!
Unfortunatly, we have missed a very well trading opportunity in the lower time Frame (15Min)! But this pattern looks very confident as well.
We have two wunderful Patterns which could come into play at the same Price Level!
We have two potential trading options, from my Point of view, I would trade the bigger pattern. The bigger pattern looks more confident.
Look at the Green Box for an Short entry
Look for an resonable entry!
It comes into Play!
Short Head and Shoulder formation