I see the 2 H1 patterns completing on AUDCAD.
- Bearish Butterfly (in green)
- Bearish Bat (in orange)
There seems to be a reaction to these PRZ levels and the RSI is presenting itself in the Overbought zone. As I always say, an overbought instrument can continue to be overbought for a long time.
Stops at around 1.0158 (33pips)
- Bearish Butterfly (in green)
- Bearish Bat (in orange)
There seems to be a reaction to these PRZ levels and the RSI is presenting itself in the Overbought zone. As I always say, an overbought instrument can continue to be overbought for a long time.
Stops at around 1.0158 (33pips)
Trade active:
Just noticed a slightly bigger Bat pattern, now price is at the PRZ of this Bat.
CAD weakness across the board against most currencies. Caution !!
CAD weakness across the board against most currencies. Caution !!
Trade closed: stop reached:
Trade closed with a 33pip loss,
CAD is just too weak across the board.
CAD is just too weak across the board.