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RaynLim

USDCAD - Bullish Bat

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
RaynLim Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Bat Harmonic Patterns Candlestick Analysis askforex100 USDCAD Bullish Bat countertrend candlestickpattern
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batpattern harmonicpatterns candlestick askforex100 usdcad bullishbat countertrend candlestickpattern
This is one of the trading setups that could give us an entry opportunity once the market opens on Monday(GMT +8). A 3-bar reversal will be a safer bet to engaged the trade.

However, if you are comfortable taking some risks, the reward is much better now. Stop goes below X of the Bat Pattern by using my secret formula of the buffer.
Comment:
Good Morning Traders. At this moment, I have not engaged in this trade. Although the Reward seems good but the reversal doesn't seems strong enough.

What a pity.
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