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PlutusX
Apr 25, 2019 6:57 PM

USDCAD Harmonic BAT Analysis and Strategy Short

U.S. Dollar/Canadian DollarFXCM

Description

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. FX:USDCAD
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