FX:AUDCAD   Australian Dollar/Canadian Dollar
11 days ago
Hey, mates. On My Higher timeframe (D) we faced a strong resistance level 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 ab=cd , 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 butterfly 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.
10 days ago
Trade active: Entered with butterfly formation
This pattern was found with Pattern Search Software (c)
Visit my website for details: http://www.ps-software.net
Watch the example video: https://youtu.be/ppv8d73SOGw
Best regards, Alexander Nikitin.
Fulltime professional trader and programmer.
watsonzou26
10 days ago
Weird.....,my chart is different with yours, so i can't find that pattern. What's wrong here?

audcad
Reply
Alexander_Nikitin TOP watsonzou26
10 days ago
@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:)
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ddhillon
10 days ago
Thanks for update what is target profit area on this one?
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Alexander_Nikitin TOP ddhillon
10 days ago
@ddhillon, If you watch the chart attentivly you will notice entry, stop and target there.
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VAT69
10 days ago
1/2rrr master ,., attack
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WeiJunLim
9 days ago
So hard to get the money on the table.... didn't want to go down! :(
Reply
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