nemo.vr11
Short

potential bearish bat

FX:GBPCAD   British Pound/Canadian Dollar
here a potential bearish bat. it is only for study for me because of the big stop loss is beyond my trading plan.
B point is exact at 50% retracement, and D point has many confulences that are, extention of AB=CD , extention of BC             and retracement of XA. still with a stop loss of 350 pips 38% and 61% target gives good RR.
comment appreciated.
Kiva
a year ago
Your SL is fine, just reduce your position size!
Reply
nemo.vr11 Kiva
a year ago
thanks kiva for your comment
Reply
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