USDCAD forming a Bearsih bat formation

116
Hey guys,

After breaking out of the resistant level, I wonder wether this trade will finally fall or will it keep going up, and if it keeps going up, to which level will it go up to?

Then when i look left, i see that this chart might be going thru a Bearish Bat formation. And if im right, this trade is still going up to the level of 1.3532 price point before starting a new trend.

I would wait for minor dip before entering this trade at around 1.2980 price level.

T/P at 1.3532
S/L at 1.2837
R:R 1.6

Please don't trade more than 2% of your capital

Cheers!

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.