USDCAD SHORT OPPORTUNITY - BEARISH BAT HARMONIC PATTERN
USDCAD has been on a strong uptrend. The uptrend momentum is now cooling down and we expect a pullback . Previous weekly candle gives as a signal of a short term pullback. The formation of the bullish bat is also a strong indicator.
entry = within the red zone
stop loss = 1.3460 (just above the D - leg)
target 1 = 1.2963 (38.2 % )
target 2 = 1.2689 (61.8%)
For conservative traders. wait for a short signal on lower time-frames for entry.(a break of the trend-line in the hour time-frame)
Goodluck
entry = within the red zone
stop loss = 1.3460 (just above the D - leg)
target 1 = 1.2963 (38.2 % )
target 2 = 1.2689 (61.8%)
For conservative traders. wait for a short signal on lower time-frames for entry.(a break of the trend-line in the hour time-frame)
Goodluck
Nota
break and close below trendline with a bearish candle can be a good signal for traders willing to wait or those that can add short positionsDagangan aktif
Nota
we will be adding more positions since we have a strong downtrendDagangan ditutup secara manual
AWAITING CANADIAN NEWSNota
We closed our trade too early. No worries tho. the pair seems to hold and give more short opportunities . We might witness a case of thousand of pips too. Nota
Nota
sell at 1.3040 if price hits that region again.Nota
long wicks pointing up shows how much price is rejecting any pullbacks.Dagangan aktif
Take profit 1 reached
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.