AUDUSD bat pattern with trendline
Mis à jour
Hi traders,
On the daily AUDUSD chart there is a potential bearish bat pattern forming. This pattern is completed around 0.776.
Entry: 0.776
Stop: 0.7895
Target 1: 0.75111 = R:RR 1.87
Target 2: 0.73596 = R:RR 3
Will keep this updated as time progresses.
Best of luck!
On the daily AUDUSD chart there is a potential bearish bat pattern forming. This pattern is completed around 0.776.
Entry: 0.776
Stop: 0.7895
Target 1: 0.75111 = R:RR 1.87
Target 2: 0.73596 = R:RR 3
Will keep this updated as time progresses.
Best of luck!
Ordre annulé
Removing this entry for now. Will wait and see what the FOMC meeting brings.Note
Pattern still valid. Entry is back on.Transaction en cours
Note
Target 1 hit. Moving the entry second position to 0.776.The trendline between the swing low of May to the swing low of late July has been broken, so it's very likely to see some more bearish movement.
Note
We hit the trendline again, let's see if price reverses again.
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