glennmercer
Short

AUDCAD T2 Achieved: Now Short at Bearish Deep Crab

FX:AUDCAD   Australian Dollar/Canadian Dollar
AUDCAD             has achieved T2 of the bullish crab idea that I recently published (see below) and has now completed a bearish deep crab pattern. The PA has respected the 1.618 projection of xa and it is time to look for a short entry.

Confluence in the PRZ:
1. Bearish Deep Crab Completion
2. Weekly Pivot
3. September, 2015 Pivot
4. .618CD ( Bullish Crab Target)
5. 1.5ab=cd; upper limit
6. 1.41ab=cd; lower limit

Target set at confluence between .618cd and the new weekly pivot .

Bullish Crab Idea:
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