COMING OFF A MASSIVE SELLOFF THE POUND HAS HIT EXTREME LOWS ON THE RSI
A BULL BAT PATTERN SIGNALS A POTENTIAL 4:1 RR PROFILE WITH TARGETS NEAR PREVIOUS STRUCTURE
USDCAD COMING OFF PREVIOUS 6X DAILY RESISTANCE TESTS FAILING TO CLOSE ABOVE 1.09900 -
QUALIFIES FOR A SHORT POSITION AT THE 786 FIB LINE.
THIS PATTERN HAS A 2.5:1 RISK REWARD IF PRICE REACHES 1.09621
