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RaynLim

USDCAD - Bullish Bat

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
RaynLim  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Triangle Bat Supply and Demand askforex100 USDCAD Bullish Bat Demand Zone Ascending Triangle trendtrading Candlestick analysis rsidivergence
2
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triangle batpattern supplyanddemand askforex100 usdcad bullishbat demandzone ascendingtriangle trendtrading candlestickanalysis rsidivergence
A Bullish Bat Pattern has retest at X, which is effectively retesting on the support level of the buy zone. What's nice about this retest is that there is an RSI Divergence happen on the retest.

What's comforting to know is that there is an Ascending Triangle that seems to form on the daily chart.
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RaynLim
USDCAD - Bullish Bat
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