A Bat pattern is completing on AUDCAD. Moreover the profit of the pattern is set around a previous structure.
Looking left you can see that that a previous structure high has been violated with a new structure high but then the previous structure low has been broken by the formation of the CD leg of the BAT.
The risk/reward is very good.
SETUP
-------------------
Entry long @ 0.9508
Stop Loss @ 0.9491
Take Profit @ 9540
Looking left you can see that that a previous structure high has been violated with a new structure high but then the previous structure low has been broken by the formation of the CD leg of the BAT.
The risk/reward is very good.
SETUP
-------------------
Entry long @ 0.9508
Stop Loss @ 0.9491
Take Profit @ 9540
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Ricevi gratuitamente gli studi sui Pattern Armonici e di Analisi Tecnica ogni settimana sui mercati finanziari. Iscriviti qui: goo.gl/JIhOHJ
Instagram: instagram.com/the10mintrader/
Facebook: facebook.com/The10MinTrader/
Instagram: instagram.com/the10mintrader/
Facebook: facebook.com/The10MinTrader/
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.