Potential Bearish Bat Pattern (Long Thn Short)

FX:USDCAD   U.S. Dollar / Canadian Dollar
May try to Look at 4H TF to spot for possible Long Entry Signal. But be careful as in looking at the Daily TF, The past few days have been very Bullish Movement. So there will be a very high chances that a retracement could take place prior pushing the price to new high.

Watch for Resistance Level at 1.2900, if things goes well. it should be able to reach 1.035 =) Once the pattern forms completely, sit back and wait for next short entry (This short entry will be further update when time comes)

Cheers !!


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.