CJ_pips

Bat Pattern

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FX:AUDCAD   Dólar Australiano/Dólar Canadense
1
Here we have a Bat Pattern forming, I like this setup particulary based on structure because I'm looking for a next impulse to the downside to complete a 3 wave correction down after the daily impulse up, here we can look to sell that next impulse to the downside.
Last time price was at this level it produced a doji candle followed by an explosive movement away from price and it has not returned untill now, looking for those unfilled order that can change the direction of price.

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