Joseph_Yabwa

Bearish Bat Pattern on USDCAD

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
Here we have a bearish bat pattern that's only a few pips away from our entry point so let's see what happens.

Comments

is the pattern "cancelled" now that it broke higher or is it a fakeout?
Reply
Joseph_Yabwa AlexandreFXKG
@AlexandreFXKG, I am already in the trade and I haven't been stopped out yet. If you're not already in the trade I suggest you stay out of it because the pattern has been invalidated because the market has exceeded the X leg and so I'll likely take a loss on this trade
Reply
AlexandreFXKG Joseph_Yabwa
@Barka, thank you
Reply
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