AUDCAD seems to be very good to learn your pattern drawing skills. I'm not sure if I have them all drawn in here but I guess that 2 Gartleys and 2 bats is largely sufficient. I definitely do not want to overcomplicate things.
The presence of so much harmonics poses a problem however, we cannot enter the pattern that is reached first with a limit order, we have to look for confirmation that shows the reversal is imminent.
To keep the drawing as clear as possible I avoided to put text on it and draw in the ratio's, except for the profit targets, but if you'd have any questions, do not hesitate to contact me.
Confusing ? Maybe ... but there's some opportunities out there .. so go an grab 'em ! May the pips be with you !
The presence of so much harmonics poses a problem however, we cannot enter the pattern that is reached first with a limit order, we have to look for confirmation that shows the reversal is imminent.
To keep the drawing as clear as possible I avoided to put text on it and draw in the ratio's, except for the profit targets, but if you'd have any questions, do not hesitate to contact me.
Confusing ? Maybe ... but there's some opportunities out there .. so go an grab 'em ! May the pips be with you !
Check out my FREE indicator scripts:
► www.tradingview.com/u/Nico.Muselle/
Twitter: twitter.com/NicoMuselle
► www.tradingview.com/u/Nico.Muselle/
Twitter: twitter.com/NicoMuselle