Firstly i should apologies for the recent inactivity in publishing charts, i shall be posting frequently again as of today.
On the AUD/CAD 4h chart we have a potential short opportunity at the D leg completion of a Bat Pattern.
The price reversal zone is between 0.9547 & 0.9576 however we have a strong psychological whole number at 0.96000 which will also be a key area to watch if price breaks above the X leg.
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat Pattern placed at the .382% and .618% retracement of the C to D move.
Stop loss would be placed above X leg structure resistance.
Website.
www.UKForexSignals.com
Learn To Trade The Bat Pattern.
On the AUD/CAD 4h chart we have a potential short opportunity at the D leg completion of a Bat Pattern.
The price reversal zone is between 0.9547 & 0.9576 however we have a strong psychological whole number at 0.96000 which will also be a key area to watch if price breaks above the X leg.
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat Pattern placed at the .382% and .618% retracement of the C to D move.
Stop loss would be placed above X leg structure resistance.
Website.
www.UKForexSignals.com
Learn To Trade The Bat Pattern.
