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Koyejo

Possible butterfly harmonic pattern for short on AUDCAD

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Australiensisk dollar/Kanadensisk dollar (FX:AUDCAD)  
Koyejo Uppdaterad   
FX:AUDCAD   Australiensisk dollar/Kanadensisk dollar
Harmonic Patterns Bearish Butterfly Bearish Patterns AUDCAD 1day
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harmonicpatterns bearishbutterfly bearish audcad 1day
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!!!
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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
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Pair has finally arrived at completion zone of pattern. Time to lookout for next move down

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Koyejo
AUDCAD
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