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AdamHong

USDCAD: Bearish Bat Pattern

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
AdamHong Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Bat
3
0
batpattern
The USDCAD has rosen slowly step by step for three months as the DXY moves upward.
A bearish BAT pattern is forming at 1.359 level.
Meanwhile a good supply zone is at 1.357-1.366 levels.
So it is good to sell at the PRZ when bearish signals appears.
Entry: 1.357-1.366
SL: above 1.366
TP1: 1.338
TP2: 1.327
TP3: 1.312 and further more
Trade active:
GREAT!
snapshot
Comment:
TP3 REACHED.
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