shankaramotay
Short

Bearish Bat pattern

FX:USDCAD   U.S. Dollar/Canadian Dollar
459 2 13
Bearish Bat pattern
Order cancelled
Comment: Pending Sell Order sill valid
Order cancelled
1)your B leg didn't hit 50%
2) your C leg didn't hit 61,8 of the A to B leg
I guess here is no way bearish Bat pattern.
But if you see it like this, it's OK mate!
Reply
shankaramotay MarkSterensohn
@MarkSterensohn, if B leg is between 38.2-50.0 and 38.2-88.6, Bat pattern valid. Nothing sure it will do, but as long as patterns are well drawn and valid, pending order, stop loss and target limit placed, nothing to worry :)
+1 Reply
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