An Advance Bat pattern in Daily timeframe on USDCAD which is getting completed at 1.29000 even handle number!! plus ema support as well. Targets for this is quiet high. If you zoom out the daily chart and see, the major swings are making higher highs and higher lows. This could be a complex pullback for bigger move up. Will keep a close watch on this pair. This is in daily timeframe, so i wont be keeping any pending order because the stop placement in daily timeframe will be a huge risk for my portfolio. When the pattern completes i will be going to lower timeframe like 4hr or 1hr to get involved in the trade. Will update once it completes the pattern.
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Price is moving in a channel in Daily!!