TomHall
Short

EUR.CAD - Bearish Bat Pattern 1.4845

FX:EURCAD   Euro / Canadian Dollar
On the EUR.CAD 1h chart we have a potential short opportunity at the D leg completion of a Bat Pattern

The price reversal zone on this pair is between 1.4845 & 1.14873
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Fibonacci Confluence: 88.60% - 1.414% and 1.618%

Potential targets for the Bat Pattern placed at the .382% and .618% retracement of the A to D move.
There is also opportunity to look for extended targets at around 1.4626
Stop loss would be placed above X leg structure resistance .

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what is the minimum requirement on for AC to be a valid pattern bro ?
+1 Reply
Hi,
The only content i keep private is the Fibonacci ratio's.
If you backtest the information you already have i am sure it will give you the results you are looking for.
Reply
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