EUR.CAD - BEARISH BAT SETUP - 1.4031
On the EUR.CAD 1hr chart we have a potential short opportunity at the D leg completion of bearish Bat setup.
The price reversal zone on this pair is between 1.4031 & 1.4053
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 C to D move.
There is also an opportunity to look for extended targets at around 1.3882
Stop loss would be placed above X leg structure resistance .
Target 1 - 1.3963
Target 2 - 1.3920
The price reversal zone on this pair is between 1.4031 & 1.4053
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 C to D move.
There is also an opportunity to look for extended targets at around 1.3882
Stop loss would be placed above X leg structure resistance .
Target 1 - 1.3963
Target 2 - 1.3920
Komen:
Have a great weekend traders.
Komen:
This setup is still valid and something to consider into early next week.
Komen:
A breakout has occurred so a potential D leg completion in the coming days.
