EURCAD: Potential bullish bat pattern

FX:EURCAD   Euro / Canadian Dollar
246 7
Hi traders,

On the EURCAD we have a potential bullish bat pattern taking shape. The entry will we confluence area of the 200% Fibonacci extension of the ABA move and the 161.8% Fibonacci extension of the ABC move. A very strong reversal zone.
Entry: 1.38019
Stop: 1.37653
Target: 1.38808 = R:RR 2.16

Good luck!
Order cancelled: So close.
Why did you cancel? it was right on the money i entered and hit the profit.
11021992 SrikanthRaj
@SrikanthRaj, I cancelled it because I missed the entry by 1 pip (and the spread). Next time we will get to that low it will probably break. Glad you made some money on it :)
SrikanthRaj 11021992
@11021992, That's unfortunate.
SrikanthRaj SrikanthRaj
@SrikanthRaj, Do you think its still bullish?
11021992 SrikanthRaj
@SrikanthRaj, Looks like we have a bit of a flag forming, which would be an indication for bullish.
+1 Reply
Did you set a pending order for this trade?
11021992 MandarinOrange27
@MandarinOrange27, Yep, buy limit at 1.38019
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out