AUDCAD BAT

As I have said before one of my favourite pairs to trade advanced patterns. Here is a potential Bat showing an over sold RSI and some excellent structure if you look back. Stops would, on my rules fall below this structure and as such gives the pattern maximum chance to bounce from the support. Should the price break that level then the recent bullish trend would also have been compromised perhaps showing further downside as a micro move within trend continuation of a longer term bearish move.

Good luck