Cypher & Bat Setting up in USDCAD

Hello everyone!
Here we can see a series LOWERHIGHS followed by two bearish patterns, BAT AND CYPHER .
The ema and channel further confirms the downtrend. I prefer the Cypher pattern since it has more confluence . However you can trade the BAT pattern since it offers a good risk-reward ratio.

Hope you have a good day. Feel free to share your thoughts. Thank you for reading.

Commentaire:

FOMC TIME! BREAKEVEN YOUR POSITION TO MINIMIZE RISK!

Trade fermée: cible de profit atteinte:

TAKE PROFIT HIT!