USDCAD bearish bat pattern
Updated
Hi traders,
On the USDCAD daily chart I'm looking to enter short at the completion of the bat pattern that has started taking shape. The completion, and therefore the entry, is at point D. Stop goes above the X. Target is based on previous structure.
Entry: 1.31987
Stop: 1.33066
Target: 1.30323 = R:RR 1.54
Good luck! Updates will follow.
On the USDCAD daily chart I'm looking to enter short at the completion of the bat pattern that has started taking shape. The completion, and therefore the entry, is at point D. Stop goes above the X. Target is based on previous structure.
Entry: 1.31987
Stop: 1.33066
Target: 1.30323 = R:RR 1.54
Good luck! Updates will follow.
Note
Pattern remains valid.Trade active
Trade closed: target reached
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