Australian Dollar/Canadian Dollar
Short
Updated

AUDCAD - Bat almost complete - Short when Magnet trade complete

126
AUDCAD - Bearish Bat almost complete.
We have a long B-D Magnet trade almost to completion.

I will be looking for an entry as shown when we see some price diverging signs
More info as we come into completion.
Note
I have taken my profits on the B-D Trade, still waiting on the setup for the bearish trade if it comes..
Note
Divergence showing, we really only touched overbought but not reached our target, AB=CD only.RSI back to the 70 and price reaching target
Lets see how it pans out

snapshot
Note
snapshot
Note
well it managed to near the next support level below our stop, if it breaks up again, I am stopped out, but looks lie we may be OK here
Note
I am trying to show ideas only but here are my targets and SL
If you are looking and trading these you should have your own targets based on your strategy

snapshot
Note
ran straight past us but we have another opportunity here in the coming hours possibly

snapshot

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.