AUDCAD
Potential SHARK pattern forming in 1 hr TF.
XA= Retracement = AB = 0.618
AB = Projection = BC = 1.414 (Little short, usually 1.618)
BC= Extension = CD = 1.272 (I'm expecting it to extend at 1.272 level)
To fullfull above conditions it is vital that price level must break @ 0.93600 level and re- test the level.
XA= Retracement = AB = 0.618
AB = Projection = BC = 1.414 (Little short, usually 1.618)
BC= Extension = CD = 1.272 (I'm expecting it to extend at 1.272 level)
To fullfull above conditions it is vital that price level must break @ 0.93600 level and re- test the level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.