EUR.CAD > Short Opportunity - 1.4898

FX:EURCAD   Euro / Canadian Dollar
1474 9
Currency pair - EUR.CAD
Chart timeframe - 1hr
Area of interest - 1.4898 & 1.4918
Chart pattern - Bearish Bat

Potential target 1 - 1.4832
Potential target 2 - 1.4791
Potential extended target - 1.4760

Please implement your own due diligence prior to entering the market.
Comment: Update:
Price now approaching D leg completion at 1.4898
Comment: If you front run your orders to take into consideration broker spread, your target 1 & 2 should now be complete.
tom do you have any comments on OIL WTI please thanks Linda
TomHall goldshore32
@goldshore32, Hi,

Sorry it's not something i trade.
thank you :)
+1 Reply
@DrXoX, My pleasure :-)
I like your set up. Check out my page for the set-up i have on this pair. Let me know what you think!
+1 Reply
TomHall Kevinsem
@Kevinsem, Feel free to post your analysis here in the comments section.
Good catch! But your SHORT may come a littlke sooner than the Advanced pattern suggests. Check out the continuing Trend Line... And GOOD LUCK!

TomHall Melchizedek
@Melchizedek, It's certainly a possibility, we will see how it all plays out into this week.
@TomHall, Have you noticed the JPY pairs? They're the "big" (not much) movers this morning, and seem to be strengthening against all others in their pairs. Slow day!
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