RaynLim

USDCAD - Bullish Bat(1Jan2021)

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
I'm waiting for a retest on the USDCAD for buying opportunity on the bullish bat pattern checkback as a countertrend trade.

What's nice about this setup is that the recent candle has a break and close above the previous structure high, with that, there's also a chance that the market may not retest on its previous low. Let's see how it goes when the market opens on Monday.

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