Euro Cad Bullish Bat 5min

FX:EURCAD   Euro / Canadian Dollar
A bullish bat on the 5 minute euro cad. Maybe it will hit maybe it wont. Maybe it will work out, maybe it won't. But it's certainly a setup to watch. Rsi has dipped, and a retest will be nice.

A bullish crab also forms at the 1.618, close to the 88.6, so two nice looking harmonic pattern completions if price visits at or below the 1.618 area, Stops below X.

With trades like these, its best not to enter the trade until a reversal is confirmed by watching the terminal price bar or maybe even a terminal bar +1 completion at the 88.6.

Target at the 38.2 and 61.8's.


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