abrar.ahmed1408
Short

Cypher & Bat Setting up in USDCAD

FX:USDCAD   U.S. Dollar / Canadian Dollar
59 2 6
Hello everyone!
Here we can see a series LOWERHIGHS followed by two bearish patterns, BAT AND CYPHER .
The ema and channel further confirms the downtrend. I prefer the Cypher pattern since it has more confluence . However you can trade the BAT pattern since it offers a good risk-reward ratio.

Hope you have a good day. Feel free to share your thoughts. Thank you for reading.
Comment: FOMC TIME! BREAKEVEN YOUR POSITION TO MINIMIZE RISK!
Trade closed: target reached: TAKE PROFIT HIT!
Good luck mate!
+1 Reply
abrar.ahmed1408 morshedul.sazid
Thanks :)
Reply
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