Potential Bullish Bat USDCAD
Updated
Bullish bat pattern nearing completion. There is quite a bit on the economic calendar this week including US CPI and BOC rate decision so be careful. Divergence between last 2 lows.
Entry: 1.2901
S/L: 1.2846
TP1: 1.3071
TP2: 1.3246
A large impulsive move up could signal a significant trend reversal, but that would be highly dependent on the direction of oil prices, which should become clearer after the OPEC meeting on April 17.
Thanks, good luck!
Entry: 1.2901
S/L: 1.2846
TP1: 1.3071
TP2: 1.3246
A large impulsive move up could signal a significant trend reversal, but that would be highly dependent on the direction of oil prices, which should become clearer after the OPEC meeting on April 17.
Thanks, good luck!
Trade active
Trade closed: stop reached
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