lyl89

AUDUSD - Potential Bat Pattern on H4 Chart

Long
lyl89 Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
A bullish bat may be completing soon.
R:R at 1.3 (TP1) and 2.1 (TP2).
Do set price alerts at PRZ if you do not have time to monitor.
Comment:
Pattern has completed, do not do long yet, observe the next few hour candles or the next H4 candle to see any signs of reversal.
Comment:
It's fine to go long now or long after the current hour candle closes.
RSI and price has shown reversal.
Trade closed manually:
Trade closed with small loss, looks like it might be going much lower.
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