vibowit
Short

Short EURCAD on Bat Pattern 4H

FX:EURCAD   Euro Fx/Canadian Dollar
FX:EURCAD             is in consolidation after strong move up. On Daily id formed a flag pattern , and now it comes to resistance of that flag pattern .
The point where it will touch the resistance is also a completion point of Bat Pattern .
I decided to set an order to sell this pair on completion of Bat Pattern .
According do my rules the stop is 20 pips above X point, ane TP1 is .382 of AD. Because Im playing agains major trend I will set my second TP on .618 of AD.
Order cancelled: Missed my entry by few pips.
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