KelvinShamKaiMan

(EP #14) Kelvin Trade Ideas - EURAUD Bat Pattern 2019-12-31

Long
OANDA:EURAUD   Euro / Australian Dollar
The market retest the bullish bat pattern. The bat pattern provides a potential reversal zone (PRZ) from 1.60217 to 1.59640. Because RSI divergence shows up in four hour chart, I mark that as a confirmational long signal. However, we can see the market low point is getting lower and lower, it is not a good signal for a long trade. Please be careful for the risk management.

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