Possible butterfly harmonic pattern for short on AUDCAD

5 maj 2020

Caught sight of what could possibly be a butterfly harmonic price pattern. Price appears to be on final leg to complete pattern; would take a while to complete though. Worth the wait? Try to draw out pattern to confirm for personal confirmation. Best Wishes!!!

7 maj 2020

Uwaga

Additionally, on the 24th of April, price closed above a strong falling trend line that had been holding since, at least, early March of 2018. Price has kept rallying ever since the breakout; however, as we all know, this "breakout" could as well end up being a fake out. What's more? The PRZ on this butterfly harmonic pattern, lines up with a previous area of support & resistance from around late August 2019. If price can break above upcoming resistance around 0.91498, then the next stop would be the PRZ

16 cze 2020

Uwaga

Pair has finally arrived at completion zone of pattern. Time to lookout for next move down