CADJPY Bearish Bat Pattern
CADJPY Bearish Bat Pattern and Short Opportunity
Description: CADJPY completed a Bearish Alt Bat PAttern on the H4 Chart. Bearish correction is predicted.
OSMA divergence confirms the bearish reversal
Trade Setup
TRADE: Short
Trade Period:Intraday / Midterm
Estimated completion time: 2-8 H4 Candle Stick
The trend in the Timeframe: Bullish
The trend in the Daily Chart: Bullish
The accuracy of the pattern: 86 %
Recommended Lot Size: 0.10 at 10K
Entry: 83.60-83.65
Stop: Above X 84.05
Target 1: 83.40 / Reached … We take partial profit and move Stop Loss to entry.
Target 2: 83.10
Target 3: 82.88
Description: CADJPY completed a Bearish Alt Bat PAttern on the H4 Chart. Bearish correction is predicted.
OSMA divergence confirms the bearish reversal
Trade Setup
TRADE: Short
Trade Period:Intraday / Midterm
Estimated completion time: 2-8 H4 Candle Stick
The trend in the Timeframe: Bullish
The trend in the Daily Chart: Bullish
The accuracy of the pattern: 86 %
Recommended Lot Size: 0.10 at 10K
Entry: 83.60-83.65
Stop: Above X 84.05
Target 1: 83.40 / Reached … We take partial profit and move Stop Loss to entry.
Target 2: 83.10
Target 3: 82.88
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