11021992
Short

USDCAD bearish bat pattern

FX:USDCAD   U.S. Dollar/Canadian Dollar
99 2 14
Hi traders,

On the USDCAD             daily chart I'm looking to enter short at the completion of the bat pattern that has started taking shape. The completion, and therefore the entry, is at point D. Stop goes above the X. Target is based on previous structure.
Entry: 1.31987
Stop: 1.33066
Target: 1.30323 = R:RR 1.54

Good luck! Updates will follow.
Comment: Pattern remains valid.
Trade active
Trade closed: target reached
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a nice job :)
Reply
Thanks! :) Good reversal.
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