Big Shark on rough waters // IF=THEN ®
AUDCADI 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
I am a financial market analyst based in Porto, Portugal. I provide market forecasts to a group of professional traders, playing a crucial role in assisting them in making well-informed decisions in the financial markets.
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