(4H) ABC correction // Double Bottom // Butterfly // IF=THEN ®

FX:AUDCAD   Australian Dollar/Canadian Dollar

ABC correction with a double bottom , a neck to break, the price should find some resistance and start to pull back into the 61.8% retracement zone and there, the market should forge an entry. ( bullish rsi divergence on oversold condition for instance) *

However, find comfortable situations that allow us to enter the bullish momentum is where the focus point.

Point B:
78.6% XA
Point C:
38.2% AB
88.6% AB
Point D
161% ext BC            
261% ext BC            
TP1 61.8% CD
TP2 127% CD

Safe Trades;
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
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder 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