AUDCAD Bearish Bat 1HR (Sep. 3rd)
Updated
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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