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
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
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Thanks again Ivan, i will take a deeper look on that for sure :)
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