Potential Bullish Bat USDCAD
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Bullish bat pattern nearing completion. There is quite a bit on the economic calendar this week including US CPI and BOC rate decision so be careful. Divergence between last 2 lows.
Entry: 1.2901
S/L: 1.2846
TP1: 1.3071
TP2: 1.3246
A large impulsive move up could signal a significant trend reversal, but that would be highly dependent on the direction of oil prices, which should become clearer after the OPEC meeting on April 17.
Thanks, good luck!
Entry: 1.2901
S/L: 1.2846
TP1: 1.3071
TP2: 1.3246
A large impulsive move up could signal a significant trend reversal, but that would be highly dependent on the direction of oil prices, which should become clearer after the OPEC meeting on April 17.
Thanks, good luck!
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