USDCAD - Bat Pattern
Potential Bat pattern forming. D point is at a level where there was some previous structure (near the X point).
There was also a Gartley pattern which was invalidated yesterday and so there is a possibility that price action could continue up beyond the D point of the Bat to a previous level of resistance at 1.32373 and invalidate the Bat but that is trading!
Targets would be at the 0.382 retracements of A to D.
Let me know your thoughts and please like and follow if this was helpful.
There was also a Gartley pattern which was invalidated yesterday and so there is a possibility that price action could continue up beyond the D point of the Bat to a previous level of resistance at 1.32373 and invalidate the Bat but that is trading!
Targets would be at the 0.382 retracements of A to D.
Let me know your thoughts and please like and follow if this was helpful.
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.