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FxWirePro: Loonie forms Bearish BAT pattern, good to sell on rallies

Harmonic Pattern formed - Bearish BAT pattern Potential Reversal Zone (PRZ) -1.3087 Any break above 1.3087 will take the pair to next target 1.3135/1.3180. On the downside minor support is around 1.3025 and break below t…

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FxWirePro: Loonie forms Bearish BAT pattern, good to sell on rallies
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Harmonic Pattern formed - Bearish BAT pattern 

Potential Reversal Zone (PRZ) -1.3087

  • Any break above 1.3087 will take the pair to next target 1.3135/1.3180.

  • On the downside minor support is around 1.3025 and break below targets 1.2980/1.2950/1.2900.


It is good to sell on rallies around 1.3052-55 with SL around 1.3087 for the TP of 1.2980/1.2950

 

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