Trading_Jazz
Long

Bullish Bat&Cypher // IF=THEN ®

FX:USDCAD   U.S. Dollar/Canadian Dollar
FX:USDCAD            

With point C for Bat pattern already validated above daily resistance D1, a lot of expectations here. I believe last friday candle was an invitation for bulls to join...
Bat pattern point C must close below point A to still valid, breaking the weekly resistance(W1) invalidate the bat but open prespective of one eventual cypher with an 141% extension, inviting the 1.400$ target for point C, then sinking below daily support (D1).

One extension to 1.400$ will also invalidate my previous published idea...
snapshot
Link to idea below

But this one keeps valid...
snapshot
Link to idea below

Advanced Patterns Ratios
snapshot

Safe trades;
https://open.spotify.com/track/4tmlc1D0hN8xGvTharHyw8
Training Sessions:
Mentor @ http://www.uvesty.com/mentorings/34-andre-pinto-cardoso

Educational Videos: https://youtu.be/0adc-hwvmQM

(for 1-1 mentorship - just whisper me at Skype Trading Jazz)
Nice, interesting setup.
If it doesn't break the high of your B it might work well.
Have you seen this one?
Currency relative strength study: Which pairs to trade?

I'm a bit iffy about cad strength in general.
Cheers!

Bonus:
https://www.youtube.com/watch?v=8LLt1QY2JHQ
Reply
Trading_Jazz IvanLabrie
a year ago
Thanks again Ivan, i will take a deeper look on that for sure :)
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out