FX:AUDCAD Australian Dollar/Canadian Dollar
Hey, mates. On My Higher timeframe (D) we faced a strong that coincides with 0.98 even number. As the overall higer timeframe trend is to the downside, so I predict the downward continuation. On my trading timeframe (4H) there's and , 2 fib invesion, 1,414 fib inversion, 1,272 fib extension, 1,618 fib extension, 1,414 fib extension Lining up at the same level with the 0.98 round number. Also ther's a formation that completes exactly at this level and a cyher pattern that completes a bit higher. All these give me lots of scores to the cts system I use. When we have these kind of setups they are called "money laying on the table". See the full analysis video in the Signature section below this description and visit my website to learn the rules of advanced patterns for free.
Trade active: Entered with butterfly formation
@watsonzou26, You should backtest the patterns with the quotes you have and trade the patterns with the quotes you have. Different brokers provide different qoutes:)
@ddhillon, If you watch the chart attentivly you will notice entry, stop and target there.