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RaynLim

Trade Ideas Position: AUDCAD Bat

Long
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
RaynLim  
FX:AUDCAD   Australian Dollar/Canadian Dollar
Harmonic Patterns Bat Supply and Demand askforex100 forex100academy AUDCAD buyzone Bullish Bat countertrend
7
0
harmonicpatterns batpattern supplyanddemand askforex100 forex100academy audcad buyzone bullishbat countertrend
A bullish bat forms up at the buy zone as a countertrend trading opportunity.

With RSI Divergence it had just made it a great setup for the trade, however, after my buffer is added in, the Reward:Risk didn't achieve a 2:1 trade and is all due to the drop in market volatility.

Hence, another myth breaker that high volatility is bad for trading.
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Trade Ideas Educator: AUDCAD Shark
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