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abrar.ahmed1408
Mar 14, 2016 6:34 AM

Cypher & Bat Setting up in USDCAD Short

U.S. Dollar/Canadian DollarFXCM

Description

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!
Comments
Trader-Mick
Good luck mate!
abrar.ahmed1408
Thanks :)
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