FX:AUDCAD   Australian Dollar/Canadian Dollar
1386 18 28
Expanding Triangle
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pattern in the pattern
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short still in favoure
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short still in favour
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Break up will invalidate the idea
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AUDCAD Short on corrective pattern formation
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EURAUD 12h chart
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i am sorry what does that mean?
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Sir, in the 2nd pic its a triangle pattern so i was assuming tht the breakout would be on the upside. even in your education charts you said that it breakouts on the upside ,but here you are predicting a downside breakout. why is this.
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because overall we are in corrective expanding triangle structure and previous impulse not that much stronge which can break to the upside mate so you need to analyse the whole picture. pick and chose does not work mate.
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immawin Wave-Trader
so what rules or parameters help you to decide that its gonna break on the upside or downside. (is it the strength of the impulse wave?)
Thank you
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its my eyes mate
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Wave-Trader TOP Wave-Trader
so you also need to train your eyes mate
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immawin Wave-Trader
Yeah i am in a newbie so it will takr time and practice.
so what would be your opinion on this
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immawin immawin
Sorry to disturb you quiet often
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very high probability to break down. you know why you are confused because you are watching just a specific area while ignoring the rest
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Wave-Trader TOP Wave-Trader
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you are ignoring this structure
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Wave-Trader TOP Wave-Trader
it is forming under very strong daily channel trend line
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Wave-Trader TOP Wave-Trader
by the way your drawing is very nice mate
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immawin Wave-Trader
Thank you so much for your help. may you reach great heights!

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thanks
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what about audusd plz
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very nice
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very nice
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