TradeWithWayneYia

AUDUSD H1 Bullish Bat Harmonics Pattern Completion

Long
TradeWithWayneYia Mis à jour   
FX:AUDUSD   Dollar Australien/Dollar Américain
Wishing all a Prosperous Chinese New Year! May all your trades be green and a year blessed with great Health and Wealth! :)

Miss the initial entry due to a busy Chinese New Year Eve celebration. Bullish Bat completion this morning and turned exactly where I wanted to buy. But fret not, there are always opportunities presented to use daily if you know where to look :p

This pair just broke the previous high on the higher time frame, I'm looking for a re-entry on the trendline if there is good confluence with RSI and candle formation - trend trading if some of you like to call it.

Entry price: In the zone and on the uptrend line
Initial Stop: 0.7174
TP1: 0.7252
TP2: 0.7277

**Watch out that price may fall further down as I see another Bullish Bat on below the trend line.

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Commentaire:
Probable re-entry area violated. Not entering trade, am looking at the Bullish Bat that completes lower.
Ordre annulé

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