AUDCAD is in an established bearish trend on 1H, so I'm looking for ways hopping on to the market.
Price is setting a potential Bearish Advanced Harmonic Pattern - Bearish Bat, that is aligned with the underlying trend.
Stops above current OR, and since were bearish with not close structures to the left my targets will be extended.
Entry @ 0.9861
Stop @ 0.9882
Initial Target 1 @ 0.9775
Initial Target 2 @ 0.9650
Good Luck!
Price is setting a potential Bearish Advanced Harmonic Pattern - Bearish Bat, that is aligned with the underlying trend.
Stops above current OR, and since were bearish with not close structures to the left my targets will be extended.
Entry @ 0.9861
Stop @ 0.9882
Initial Target 1 @ 0.9775
Initial Target 2 @ 0.9650
Good Luck!