NZDCAD Bearish Black Swan And Bearish Alt Bat Patterns

NZDCAD Bearish Black Swan And Bearish Alt Bat Patterns

We found two major reversal pattern on the H4 Chart.

Short Trade

Stop Loss of both patterns: 0.9250

Bearish Alt Bat Pattern Short Entry: 0.9210- 0.9216

Bearish Black Swan Pattern: 0.92200 – 0.92260

Targets of the Patterns:

Target 1: 0.92000

Target 2: 0.91850 ( Breakout of 0.91850 will accelerate the bearish move ) / Reached

Target 3: 0.91700

Target 4: 0.91520

Ultimate Target of the trade: 0.91000

Note: CAD data will be released today. We will see high volatility on CAD pairs.

 RUNNIG TRADES       VALIDATED PATTERNS   EMERGING PATTERNS

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DISCLAIMER: This is a technical analysis study, not advice or recommendation to invest money

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