Timing_is_key

AUDCAD Static Grid Used To Isolate Turns

FX:AUDCAD   澳元/加元
1
Hello all,

Assumption: This grid has been constructed with the assumption that the P5 is in, so a breach of P5 may invalidate the grid.

I will be watching the vertical lines 1-16 as the market retraces from the probable P5 area. Not every vertical will produce a turn, but where the verticals cross the horizontals as well as the interaction within the pitchfork set may produce a trade opportunity and/or provide an exit.

I will attempt to link these charts together as chart unfolds

Sincerely

TIK
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