Big Shark on rough waters // IF=THEN ®

12 de set. de 2015

AUDCAD

I believe in a trend continuation, IF the price break resistance and ignore the Small Cypher pattern, i will keep search for LONG opportunities;

Small cypher not yet completed (21 pips missing), stuck with previous support, now resistance, and the pressure it is almost tactile, furthermore, price action is printing lower highs and higher highs (check lower time frame).

*Obviously, this is a IF = THEN scenario, so be prepared for eventualities.

Check previous published idea:

Bearish Patterns: (Short d) IF=THEN

The Big Shark:
Point B:
61.8% XA
Point C:
113% to 161% AB
Point D:
88.6% to 113% XC
Target:
38.2% to 100% CD

Small Cypher: (red)
Point B:
61.8% XA
Point C:
113% to 161% AB
Point D:
161% to 224% BC
88.6% to 113% XC
Target:
38.2% to 100% CD

Safe Trades;
open.spotify.com/track/7Fm3NhbAYHvTQUhboim9FB