TradingView
KyleMcQuade
Mar 11, 2017 5:45 AM

Bearish Bat USD/CAD Short

USD/CADOANDA

Description

Looks like I got here 24 hours too early. Considering the dollar-cad is a major, there really is no excuse- I'll take whatever abuse comes my way! No harm in pointing out the bearish bat that has formed on the 4hr chart. All points agree with the certified ratios- price was overbought when it hit the PRZ and it looks like it's on its way to the (would-be) TP zone.

Bat ratios

B: 0.382-0.5
C: 0.382-0.886
D: 1.618-2.618
XD: 0.886
More