I know this is very early so it can easily break above and close above point A which will make the setup invalid, but if price shoots down at the sunday open we got a chance of hitting 3 for 3 winners on this pair, our last 2 setups on this pair was a homerun so its been very good to us, and in general USDCAD
is one of the best for pattern traders.
We are looking at a Bat pattern
with our Entry level just under structure support
, so we are looking for a small retracement to trigger our trade and then continue north, You all know the rules for Stops, Entry and Targets. Remember we are looking for oversold RSI
as aditional confluence