TomHall
Short

EUR.CAD - BEARISH BAT SETUP - 1.4031

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

The price reversal zone on this pair is between 1.4031 & 1.4053
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Potential targets for the Bat setup placed at the .382% and .618% retracement of the C to D move.
There is also an opportunity to look for extended targets at around 1.3882
Stop loss would be placed above X leg structure resistance .

Target 1 - 1.3963
Target 2 - 1.3920
Comment: Have a great weekend traders.
Comment: This setup is still valid and something to consider into early next week.
Comment: A breakout has occurred so a potential D leg completion in the coming days.

Y2!
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For you too, wish next week ll be better :) for all members.
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YOU DA MAN BRO
+2 Reply
TomHall slrocheleau
@slrocheleau, Thank you mate.
+1 Reply
Looks good @TomHall
+1 Reply
TomHall Hendrik1810
@Hendrik1810, Let's see how it plays out :-)
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You are a Master
+1 Reply
@efazil, Thanks very much, hope you have a great end to the week.
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