TomHall
Short

USD.CAD - Bearish Bat Setup - 1.3224

FX:USDCAD   U.S. Dollar/Canadian Dollar
On the USD.CAD 1H chart we have a potential short opportunity at the D leg completion of a bearish Bat setup.

The price reversal zone on this pair is between 1.3224 & 1.3252
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Potential targets for the Bat Setup placed at the .382% and .618% retracement of the A to D move.
There is also opportunity to look for extended targets at around 1.3038
Stop loss would be placed above X leg structure resistance.

Target 1 - 1.3139
Target 2 - 1.3086

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Website: www.UKForexSignals.com
Instagram: www.Instagram.com/UK_Forex_Signals
Instagram: www.Instagram.com/Tom_Hall_Official
Twitter: www.Twitter.com/Tom_H_Official
papawinnie
4 months ago
hello tom ... you say that it is still valid ?
+1 Reply
TomHall TOP papawinnie
4 months ago
Hi,
This setup is no longer valid, as price broke below the A leg.
Reply
papawinnie TomHall
4 months ago
http://i68.tinypic.com/10ygxz7.png

you like this?
+1 Reply
TomHall TOP
4 months ago
Below is NZD.JPY which is a valid setup :-)
NZD.JPY - BULLISH CYPHER SETUP - 72.381
Reply
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