Thursday, March 27, 2014

USDCAD Analysis and Trade setup of Potential Bullish Bat pattern at a very good level

USDCAD Analysis and Trade setup of Potential Bullish Bat pattern at a very good level


Daily Chart


  • Ichimoku clouds are near the monthly pivot and 61.8 / break out level
  • Flat tekan and kijun line even though a bearish run 


Hourly Chart


  • Bullish Bat -
  • Reversal zone has excellent overlapping 61.8 and 88.5 fib as well as monthly pivot

Outlook Trade opportunity

See H4

Risk Level __


Tips -

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