safri

Bullish Bat - AUDCAD (4Hrs)

Long
FX:AUDCAD   Australian Dollar/Canadian Dollar
Hello Traders,

I have observed Bullish Bat Pattern on AUDCAD. I have highlighted Potential Reversal Zone (PRZ) for short entry. Here, PRZ is made of 0.886XA, 1.27AB=CD and 1.618BC Fibonacci ratio confluence. This potential trade has a risk/reward ratio of 1:1.4 for Target-1 and 1:2.4 for Target-2.

Follow this idea for further updates.

Happy Trading!

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