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Aleksandar_Rose

USDCAD Potential Bearish Bat

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Aleksandar_Rose  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Harmonic Patterns Chart Patterns USDCAD advancedpatterns advancedpatten advancedpaternformation trend trendcontinuation
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trendanalysis harmonicpatterns chartpattern usdcad advancedpatterns advancedpatten advancedpaternformation trend trendcontinuation
There is a series of NSL followed by Pullback(OR) and NSL, so we are in bearish trend on USDCAD 1H.
Price is setting a potential Bearish Advanced Harmonic Pattern - Bearish Bat, and I would use this bat as an entry reason to hop on that trend.
Stops above X. and both targets will be extended

Here are the Entry, Stop and Target Levels:

Entry @ 1.2979
Stop @ 1.3010
Initial Target 1 @ 1.2859
Initial Target 2 @ 1.2800


Good Luck!
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