TheDailyTrader_FX

EUR/CAD 4H Bullish Bat Pattern at the MARKET

Long
OANDA:EURCAD   Euro / Canadian Dollar
Pair has formed bullish bat pattern. First reaction to the Potential Reversal Zone(PRZ) looks good, but I would prefer to see double bottom with RSI divergence at this level before entering the trade. ATR based stops below the bats satrting point X.

I remind you that this is just my vision about possible market movements. If you have your own, please share in comments. I will be glad to discuss with you. I will be very grateful for supporting my post by your LIKEs, if it's not so hard for you. :)


Plan your trade, trade your plan and good luck in the markets.
Comment: 1st profit target reached