trading a harmonic bat pattern with confirmation

By VasilyTrader
Updated
snapshot

hey guys,

on dollar cad the market is approaching a market low.
I anticipate seeing a strong pullback from this zone of support.

we also see a completed bullish bat pattern,
now I am waiting for a confirmation signal to enter the trade.

on 1h chart we have a falling parallel channel!
bullish breakout of it will be a good confirmation signal to buy the market.

the initial target will be around 1.504

good luck!
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bull breakout
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going up
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close to the first target
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stop to breakeven
BatChart PatternsfibsHarmonic PatternsParallel ChannelRelative Strength Index (RSI)structureTrend Analysis
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