AUDCAD Bearish Bat 1HR (Sep. 3rd)
Four things,
1) RSI Trading Oversoldbought
2) FIB Extension not confirmed (Watch out for pattern failure)
3) ATR very low; market volatility low means we can have a wider stop
4) BAT pattern completed
1) RSI Trading Oversoldbought
2) FIB Extension not confirmed (Watch out for pattern failure)
3) ATR very low; market volatility low means we can have a wider stop
4) BAT pattern completed
Trade active
Note
Hourly RSI never peaked above 70, one of the things to watch for in the future using this strategyTrade closed manually
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.