GBPCAD is nearing the PRZ of a bearish bat pattern. This bat may continue the bearish movement to the completion of a larger TF bullish bat (see related ideas). Entry is placed at .886XA with SL at 1.13XA and TP at .618CD.
Confluence in the PRZ:
Confluence in the PRZ:
- .886XA (Bat completion)
- 3AB=CD
- 1.618BC Projection
- Larger TF BAMM Line (related ideas)
- S/R Zone
