Hello Traders,
Thanks to the news tonight we had a break of structure of a major resistance line and a 2618 on the
AUDCAD and even a potential bearish bat pattern..
So for the ones who don't like the big risk of the 2618 you can either wait till it hit the 768 line so you will have something like 90 pips of risk.
Or the 886 line of the fib retracement for the bat pattern completion that makes it a nice case to go short.
Good luck traders
Jimmy du Bois
Thanks to the news tonight we had a break of structure of a major resistance line and a 2618 on the
AUDCAD and even a potential bearish bat pattern..So for the ones who don't like the big risk of the 2618 you can either wait till it hit the 768 line so you will have something like 90 pips of risk.
Or the 886 line of the fib retracement for the bat pattern completion that makes it a nice case to go short.
Good luck traders
Jimmy du Bois
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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.