FullTimeTrader
Short

EURCAD-H1-bearish bat after the news

FX_IDC:EURCAD   EURO / CANADIAN DOLLAR
1611 20 42
After CAD news this morning this pattern is still valid and should work well.
Most important R/R is good.
Im entering short now, sl and targets on chart.
Best regards.

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Always do your own analysis before opening a trade.
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Comment: first and second target hit, movin SL to BE, news helped this time
But it in h4 chart show that a bearish bat pattern is forming isn't it? It might have a probability to rise up to 1.50800.
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Hello, yes there is a potential bearish bat on H4 chart but i doubt price will get there. Harmonic patterns does not work alone, im based on other reasons, see my long term analysis i posted before. Regards.
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BLKS FullTimeTrader
Thanks for the information.
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is that a TP3 on the chart?
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A breakout is coming downward....wait for it...good tidings
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morshedul.sazid morshedul.sazid
AB=CD
Gartley
BAT
Lets see what happens :)
Reply
FullTimeTrader morshedul.sazid
Hello, i agree, i expect a big decline from here. Regards
+1 Reply
ImoneyCorp FullTimeTrader
The breakout downward came. You gotta love it when analysts put they mind together....good pipping...
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ImoneyCorp FullTimeTrader
Holding this trade to .38 fib....you doing the same?
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FullTimeTrader ImoneyCorp
im holding this long term, OIL seems to be rallying, regards.
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ImoneyCorp FullTimeTrader
All my analysis points to 1.37 resistance, is that in your sight? Adjusted tp to that point longterm...let's see how it goes.... Much regards,
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FullTimeTrader ImoneyCorp
Yes, first 1.4500 and then 1.400, i will take some time off course and we could have some corrections. The idea is that this pair already topped and is starting a long term decline. Regards.
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JaybeHoh morshedul.sazid
nice chart, anyway it is profitting now and i am just exit from this trade.

Thanks you and very appreciate for your analysis :D
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missed the initial entry. Would you consider this a bearish flag?
snapshot
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Hello, yes i would enter against last highs, regards.
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Well done mate!
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Great JOB!! Target Right....good analysis!!
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Great Job.
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