AUDCAD IS FOLLOWING STRUCTURE FOR THE ABC PATTERN MEANING WE COULD HAVE A SELL OFF.
FIBONACCI ALSO ALIGNS WITH THE SPECIAL POCKET OF 61.8 AND 71 LEVEL.
STOP LOSS OF 25 PIPS WITH A GAIN OF MINIMUM 75 PIPS,
2ND TARGET IS 110 PIPS AND LAST TARGET IS 140 PIPS
BARING IN MIND NFP ON FRIDAY WILL BE HUGE SO BE WEARY
Bitcoin/dollar has shown an Elliot wave 5th wave pattern with a ABC correction on the 4HR time frame , making this a completed wave 1 & 2 on the daily time frame. Price has rejected the 0.618 Fibonacci retracement level with strong bullish candles. Will we see a 3rd Elliot wave to the long side on the daily or break further to the downside ?
In my personal life all my friends were selling their cable TV just to subscribe to an on-demand entertainment service such as NASDAQ:NFLX and this encouraged me to look for potential trades related to this idea. I decided to place a spread trade on my watchlist during early 2016: (NFLX/VIAB) and I have had the actual trade on for about 4 1/2 months and it is a...