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AUDCAD T2 Achieved: Now Short at Bearish Deep Crab

Short
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
glennmercer  
FX:AUDCAD   Australian Dollar/Canadian Dollar
AUDCAD Deep Crab Crab patterntrading Harmonic Patterns confluence AB=CD missedpivots missedpivot pivot Pivot Points Weekly Pivots Monthly Pivots
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audcad deepcrab crabpattern patterntrading harmonicpatterns confluence abcdpattern missedpivots missedpivot pivot pivotpoints weeklypivots monthlypivots
AUDCAD has achieved T2 of the bullish crab idea that I recently published (see below) and has now completed a bearish deep crab pattern. The PA has respected the 1.618 projection of xa and it is time to look for a short entry.

Confluence in the PRZ:
1. Bearish Deep Crab Completion
2. Weekly Pivot
3. September, 2015 Pivot
4. .618CD (Bullish Crab Target)
5. 1.5ab=cd; upper limit
6. 1.41ab=cd; lower limit

Target set at confluence between .618cd and the new weekly pivot.

Bullish Crab Idea:
AUDCAD Bullish Crab Complete at Key Level of Support

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