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Wave-Trader
Jun 16, 2016 4:25 PM

Expanding Triangle  Short

Australian Dollar/Canadian DollarFXCM

Description

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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Comments
itahirmasood
very nice
itahirmasood
very nice
KhaledMounajed
what about audusd plz
immawin
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.
Wave-Trader
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.
immawin
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?) [i am still learning this concept]
Thank you
Wave-Trader
its my eyes mate
Wave-Trader
so you also need to train your eyes mate
immawin
Yeah i am in a newbie so it will takr time and practice.
so what would be your opinion on this
immawin
Sorry to disturb you quiet often
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