FX:AUDCAD   Australian Dollar/Canadian Dollar
33 1 3
Many of a trader feel "powerless" and maybe frustrated when market are not trending, as they are not provided with opportunities. But if you take the time to study, test and include advanced patterns in your trading arsenal, you'll then be equipped for when markets are in consolidation (and that happen more often than markets actually trend) and you'll be able to make profits as well when markets are not trending.

This pair, in spite begin in bullish trend on H4, has been consolidating for the past couple weeks between the 2 most recent levels of structure, and is offering advanced patterns traders a decent amount of trading opportunities.

The blue bullish BAT hit T1 and we have 2 other potential opportunities :

IF price hit T2 on the blue BAT, THEN orange Gartley will be completed; so got to be ready to re-load and get involved directly after the BAT.

IF price keeps pushing up, THEN green bearish Cypher is waiting a bit higher.

Now let's wait and see what will happen as several scenarii are possible. But got to be ready and always ahead of the market.

Good luck in the markets today folks !


This is not a signal. Plan YOUR trades and trade YOUR plan!

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Akil_Stokes TOP
2 months ago
Lovely!
+1 Reply
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