USDCAD: Bearish bat pattern on the daily Short

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Feb 10, 2017 9:50 PM

Hi traders,

On the daily USDCAD chart we have a potential bearish bat pattern taking shape. Entry and completion is at point D.
Entry: 1.35427
Stop: 1.36687
Target: 1.32140 = R:RR 2.61

Good luck traders! I will be updating this chart as time progresses.