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PlutusX

USDCAD Harmonic BAT Analysis and Strategy

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
PlutusX  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Harmonic Patterns Bat USDCAD usdcadshort usdcadsell usdcadsetup Bearish Bat fx mam
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trendanalysis harmonicpatterns batpattern usdcad usdcadshort usdcadsell usdcadsetup bearishbat fx mam
This pair is currently trading at a major resistance zone and we are predicting the harmonic Bat Pattern will be completed. This signed us to sell the pair and our strategy is to trade the 4th leg of the pattern. Price action has already broken below the yellow trend line giving our strategy confirmation. USDCAD
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