• BoonHooi

Chart Analysis : Completed AUDJPY Butterfly & USDCAD Bat Patterns


Hi Everybody,

Let's jump straight into the charts to see what they are telling us.

AUDJPY - H1

Spotted this bearish Butterfly pattern completing at 87.92. It has since re-tested the level several times looking ripe for a bigger fall. Stops above the 88.08 level should be sufficient, anything above that will make this pair look bullish again.

USDCAD - H1

A bullish Bat pattern completed a day before. It has then tested the PtX and formed a falling wedge, giving us a bullish hint. Going above 1.2460 will be the first bullish sign. Let's see how this pair will pan out.

Trade safe and keep your focus !!

#ButterflyPatterns #BatPatterns

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