FX:AUDCAD   Australian Dollar/Canadian Dollar
56 5 3
NEw week, new opportunities. But this new week seems pretty quiet at the moment as I have nothing on my radar (whether it be pattern trading or on my trend following/breakout strategy) besides this good looking cypher on AUDCAD             (my favourtie combination by far).

Great risk to reward on this one (1:1) which is pretty rare on cyphers as they mostly have inversed risk to reward ratio (but pretty high winning rate).

Let's see how this one turn out and what this week has to offer.

Plan your trades and trade your plan ! Good luck in the markets this week !
Order cancelled: Price closed beyond 1.414, pattern is now invalid
Morning, I looked at that one too, however I could not get it to fit my rules. I tried ever which way :)
Good luck in the markets this week!
+1 Reply
journeyofarookie2.0 johan.larsson
What makes it not fit your rules ?
johan.larsson journeyofarookie2.0
The C-leg closes beyond 1,414 when I draw it up. It checked my data with my broker too, sometimes they differ from Tradinview, but it passes 1,414 there too.
I will have to sit this one out.
Good luck to you, if you get involved, and filled.
journeyofarookie2.0 johan.larsson
same thing on tradingview but on my brokers data it's valid (touches the 1.414 but does not close beyond)...
johan.larsson journeyofarookie2.0
Don´t wanna be a pain in the butt. I hope, and think you will comment on my ideas if you see something you think is iffy in your eyes.
Good luck man
+1 Reply
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