KelvinShamKaiMan

(EP #84) Kelvin Trade Ideas EURCAD Bat Pattern 2020-04-21

Short
OANDA:EURCAD   Euro / Canadian Dollar
A bearish bat pattern is almost complete in one hour chart, it provides a potential reversal level from 1.53960- 1.53900. In the larger timeframes, we can see the market is in the sideways trend, and the potential reversal level is near the top of the sideways trend, so I can mark a beautiful SL easily. I will wait for the market to reach 1.53960. If the market gives me confirmation signals, then I will decide should I short this market.

Please follow me if you want to know my trade ideas!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.