Harmonic pattern on AUDCAD
Hi guys,
lots of interesting ideas today. Here we have an advanced pattern formation, a Bat, that's completing right near the resistance level that was broken to the upside and that should now turn into support.
Whenever this kind of pattern completes at key structure levels i place my orders at the D point, with stops below X, and targets at the 382 and 618 retracements of AD.
Let's see how this plays out.
If you want to share your viewpoint, or ask questions, feel free to comment below.
Otherwise, see you in the next chart!
lots of interesting ideas today. Here we have an advanced pattern formation, a Bat, that's completing right near the resistance level that was broken to the upside and that should now turn into support.
Whenever this kind of pattern completes at key structure levels i place my orders at the D point, with stops below X, and targets at the 382 and 618 retracements of AD.
Let's see how this plays out.
If you want to share your viewpoint, or ask questions, feel free to comment below.
Otherwise, see you in the next chart!
Order storniert