EURCAD - Bat Pattern Completed on H1

FX:EURCAD   Euro / Canadian Dollar
OPEC decided to cut production, EURCAD             has dropped to 1.4644.
At the same time, a bullish bat pattern has also completed with price retracing slightly above the PRZ.
RSI is moving away from the oversold level, I am ready to go long at the next hour candle.
Risk to reward ratios looks fine at 1 to 1.3 for TP1, 1 to 2.3 for TP2.

I noticed it a little late, you guys might want to wait for the ideal price to long (bottom of PRZ) to enter, it's up to you.

Trade active: Entered at 1.46746, let's see how it goes.
Trade active: Trade is in the money at about 40 pips, I'm shifting my SL to breakeven.
Comment: TP1 hit with 78 pips profit =)
Trade closed: target reached: Decided to lock all profits instead of waiting for TP2
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out