USDCAD forming a Bearsih bat formation
Hey guys,
After breaking out of the resistant level, I wonder wether this trade will finally fall or will it keep going up, and if it keeps going up, to which level will it go up to?
Then when i look left, i see that this chart might be going thru a Bearish Bat formation. And if im right, this trade is still going up to the level of 1.3532 price point before starting a new trend.
I would wait for minor dip before entering this trade at around 1.2980 price level.
T/P at 1.3532
S/L at 1.2837
R:R 1.6
Please don't trade more than 2% of your capital
Cheers!
After breaking out of the resistant level, I wonder wether this trade will finally fall or will it keep going up, and if it keeps going up, to which level will it go up to?
Then when i look left, i see that this chart might be going thru a Bearish Bat formation. And if im right, this trade is still going up to the level of 1.3532 price point before starting a new trend.
I would wait for minor dip before entering this trade at around 1.2980 price level.
T/P at 1.3532
S/L at 1.2837
R:R 1.6
Please don't trade more than 2% of your capital
Cheers!
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