week 8 AUDCAD WR4B but pending HNS completion

W1 big picture

price at key level now. Neckline retest. Make or break?

Assume resistance to be resisted, but also with a potential pt3 present, could price move higher to form a pt4?

week8 AUDCAD w1 big picture neckline make or break 160214

On d1, can see that wr4B setup is possible once a bearish expansion day is completed.

week7 audcad d1 potential wr4b setup 080214

On h4, this is what is seen:
A potential h4 hns as a sign of reversal to break down a wr4B setup

week8 audcad h4 potential hns with rs via 2 xh1 bull trap 160214

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