AUDCAD bat pattern on the weekly chart
Hi traders,
On the AUDCAD we can see a potential bat pattern forming. Completion will be at point D, at a value of around 1.00800. This lines up with the red trendline and previous structure. Stop goes above X.
Entry: 1.00800
Stop: 1.02270
Target: 0.98348 = R:RR 1.66
Updates will follow. Best of luck :)
On the AUDCAD we can see a potential bat pattern forming. Completion will be at point D, at a value of around 1.00800. This lines up with the red trendline and previous structure. Stop goes above X.
Entry: 1.00800
Stop: 1.02270
Target: 0.98348 = R:RR 1.66
Updates will follow. Best of luck :)
Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.