Oztrade
Short

VALID USDCAD - BEARISH BAT PATTERN - POTENTIAL SHORT OPPORTUNITY

FX:USDCAD   U.S. Dollar / Canadian Dollar
135 3 6
Hi All, after posting the USDCAD             cypher earlier and placing my orders in my trading platform, I noticed in my trading platform that this Bat Pattern is valid so I have my orders resting at entry with stops and targets in place for both Bat and Cypher .

Check your data because we have the difference between Bid and Ask price which in turn is the data for Buy and Sell trades open and close data.

As always Stops Red

Green for entry

Blue for initial targets - to be adjusted on D completion.

Happy Trading all

I also corrected the recent USDCAD             Cypher I posted there was an error with entry I posted 88.6% where it should read 78.6% for Cypher entry. Chart data is still correct though just typo error.
T2 Hit - nice and quick +40 T1 and +82 T2 Total for this trade +122
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Target 1 Hit +40 - T2 Stops moved down to break even.
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Targets adjusted - D completion lets see if we hit T1 which has been adjusted to 1.30136 - Stops will be moved as soon as we have T1 and T2 has been adjusted to 1.29718
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