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Euro / Canadian Dollar
Short

EURCAD - Bearish Bat Pattern Completed on Daily Chart

120
  • Bat pattern completed
  • Pattern still valid to short, but traders might want RSI overbought to be tested again before shorting, nothing wrong
  • R:R at 1.2 (TP1) and 2.1 (TP2)


NOTE :If price goes above PRZ, we should be looking to long instead as major resistance zone (PRZ) is broken.
lyl89
BatBearish BatEURCADeurcadshortharmonicforexHarmonic Patterns

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BatBearish BatEURCADeurcadshortharmonicforexHarmonic Patterns
lyl89

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.