AUDUSD H1 Bullish Bat Harmonics Pattern Completion
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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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.
Do like and share this post. Follow me if my trading style suits you as I will be posting new trade ideas and analysis regularly.
Comment:
Probable re-entry area violated. Not entering trade, am looking at the Bullish Bat that completes lower.
Order cancelled