My second published analysis but I believe we have a potential Bearish butterfly setting up here on the 4H chart USD CAD, will be keeping a close eye on this one, once again feel free to make any comments or criticisms.
I've adjusted my previous pattern and it now seems to fit the standard better but this is on the 4 hour chart GBPCAD and what I believe is a Bullish Bat forming. I've also added In my Stop loss and Take profit measurements, as I said this is my first pattern so any criticism, comments or advice are welcome.
My first published pattern so any advice or pointers where I may be going wrong will be greatly appreciated but I believe this is a Bullish Bat forming here on the 4 hour chart with GBPCAD but the A-C retracement is quite high, I would be looking to buy once retracement hits 0.886 and other confirmations of reversal are showing.