Hi Guys,
Here we have a Valid Bullish Bat on the AUDCAD Daily. With yesterdays news, price did reach 'D' point with a sharp reversal. I did not enter but will wait to see if it reaches again without such high impact news affecting price. If it hits 'D' point again I will be looking for key reversal indication before taking the trade.
Excellent 1:2.5 Risk to reward.
Let me know of any thoughts or questions guys.
Thank You!
Victoria
If you want to learn how to trade harmonics like this, I highly recommend my mentor @lewisglasgow - www.sixfigurecapital.com
Here we have a Valid Bullish Bat on the AUDCAD Daily. With yesterdays news, price did reach 'D' point with a sharp reversal. I did not enter but will wait to see if it reaches again without such high impact news affecting price. If it hits 'D' point again I will be looking for key reversal indication before taking the trade.
Excellent 1:2.5 Risk to reward.
Let me know of any thoughts or questions guys.
Thank You!
Victoria
If you want to learn how to trade harmonics like this, I highly recommend my mentor @lewisglasgow - www.sixfigurecapital.com