Here we have another harmonic pattern shaping up, this time we are looking at EUR/CAD on a 1h chart with a potential bearish bat, this is looking very promising.
The measurements for a valid bat pattern are detailed below.
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886
I'll be expecting a reversal between 1.48400 & 1.48700 which would complete our D point. If you have any additional analysis on this pair please feel free to share it below.
The measurements for a valid bat pattern are detailed below.
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886
I'll be expecting a reversal between 1.48400 & 1.48700 which would complete our D point. If you have any additional analysis on this pair please feel free to share it below.
📈 Master the Art and Science of Trading: www.sixfigurecapital.com