Felix_Hoevelborn
Short

Trend Continuation via bearish Bat Pattern on USDCAD

FX:USDCAD   U.S. Dollar/Canadian Dollar
Recently saw a new structure low on the daily chart . We are now retracing into previous strc. which should become resistance. The market gives us a bearish bat pattern which acts as my reason for entry. Because we expect further downside on this pair my second target will be the retest of recent lows which gives us a nice risk/reward profile.
Trade your plan.
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