OANDA:AUDCAD   Australian Dollar/Canadian Dollar
Hello traders, here we have AUD/CAD             on the daily chart with a potential bearish three drives pattern.

I'd like to thank Six Figure Capital student https://www.tradingview.com/u/cdschultheis15/ for spotting this setup.

Price completed the 2nd price drive at the 1.272 extension and we're now completing the 3rd price drive around 1.06000.

You will need to pay close attention to price action and candlestick formations in that area for the perfect entry point.

The pattern is not as symmetrical as I would like it to be, however, I won't ignore this setup as each point forms at a key level in the market.

This is a great trading opportunity with over 1:4 risk to reward.

Thank you all for your continued support, don't forget to add me on social media :)
📈 Learn How to Trade the Most Advanced Market Patterns: https://www.sixfigurecapital.com

∙ Telegram Channel: https://t.me/SixFigureCapital
∙ Facebook: https://www.facebook.com/sixfigurecapital
∙ Instagram: https://www.instagram.com/sixfigurecapital
Keeping an eye on this one...currently heading towards a big level of resistance. Hopefully it can break through :-)
@apa1620, yeah hope to see a break this month, it'll be a good shorting opportunity.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out