TheForexSamurai

H1/H4 Bullish Setup with...

Long
TheForexSamurai Updated   
OANDA:AUDCAD   Australian Dollar/Canadian Dollar
An opportunity to Long/Buy with a potential bullish Bat pattern completion. Entry, TP, SL and POR as seen in the chart. Trade with care.

Legends:

Blue line: Aggressive entry order
Gray Zone: Potential Reversal Zone (PRZ) - zone of interest to look for a trade
Red dotted line: Stop-loss order
Red dash line: Setup point of ruin (POR)
Green line: Target profit order (TP1 @ 0.382/TP2 @ 0.618)
Comment:
TP 1 Hit. Managed SL at BE. Maximize target (reward) at the pattern's A point open/closing price.

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