Oztrade

WE ALL LOOK FOR THE PERFECT TRADE - AUDCAD EARLY IPDE

FX:AUDCAD   Australian Dollar/Canadian Dollar
Hi Traders, thought to get some early predictions on the charts. We all look for these opportunities and can only predict the charts the best we can. I recently posted a small Bullish Bat opportunity. If that in fact falls to hit our entry, I would suggest a 3 target entry and see if we can ride it upwards. Obviously its only a prediction regardless of that my strategy tells me to trade every Cypher and Bat in my portfolio of currency pairs that I trade.

Either way price will go up or down. Keeping these on the radar could prove to be some opportunities.

As always Entries, Stops and Targets are on screen.

Entry is the 88.6% XA

Stops are always above our X Leg Structure.

Targets are to be moved when we have a clear D completion.

Stops are moved when price retraces and hits our TP1

Patterns become invalid if we violate the X leg, or if Price action C Leg moves beyond the A Leg before a D Completion.

Enjoy and happy trading
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