tntsunrise
Long

GBPCAD BAT PATTERN with Ending Diagonal

FX:GBPCAD   British Pound/Canadian Dollar
1976 10 60
I love to Trade this Bat Pattern
and now it has another reason for me to buy
The recent move of this pair
fromed a Ending Diagnol
Buy at the the lower edge of the Wedge
and a upside break out will confirm the bullish move.
Entry: 1.8310
SL:1.8140
TP1: 1.9310
TP2: 1.9945
Comment: nice ! 1.8470 already
+160 pips
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super idea
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I put buy limit . Price did not hit , grrr
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For an ending diagonal to be complete, we need another down move, as shown on my chart. I am now long until PA wil retest the upper line of the diagonal, then I'll look for a sell setup before entering long for longer term. For now we are in our money, good luck! ;)
snapshot
+1 Reply
Nice work- I like these patterns......symmetry in the markets- who would have thought?
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CAD is strong today and Brits may leave the Euro so they say-looks like we may be stopped out of this one... Are you still in this trade?
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pedroscott pedroscott
this Bat flew away!
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is the SL safe ???
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hello tntsunrise and thanks to u for your ideas.
we have a diamond on h1.
am i right?
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Hello, Jack. Could you update this analysis?
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drill drill
1.70 to 1.80?
Reply
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