AUDCAD Bearish Bat with structure & Fibs

FX:AUDCAD   Australian Dollar/Canadian Dollar
355 2
Little more difficult to explain this one but after being in consolidation for quite some time, we have recently seen some bearish movement.
As market pulls back and retraces, we can start to look at the best area to get short.

We have previous structure support at 9870's lining up with a 382 retracement and a 50% retracement and if you drop down to the 60 min chart as shown here, we also have a bearish Bat completing up at 9883 which is a little higher.

We will look at this in the live room at 8am this morning!. See you there.


Definetely on my radar. See you in the live room
+1 Reply
J_Graystone journeyofarookie2.0
LOTS on the radar this morning!
Should be a busy one!
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