EURCAD: Potential bullish bat pattern
Updated
Hi traders,
On the EURCAD we have a potential bullish bat pattern taking shape. The entry will we confluence area of the 200% Fibonacci extension of the ABA move and the 161.8% Fibonacci extension of the ABC move. A very strong reversal zone.
Entry: 1.38019
Stop: 1.37653
Target: 1.38808 = R:RR 2.16
Good luck!
On the EURCAD we have a potential bullish bat pattern taking shape. The entry will we confluence area of the 200% Fibonacci extension of the ABA move and the 161.8% Fibonacci extension of the ABC move. A very strong reversal zone.
Entry: 1.38019
Stop: 1.37653
Target: 1.38808 = R:RR 2.16
Good luck!
Order cancelled
So close.
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