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Roker1
Apr 28, 2017 8:09 AM

Bat Pattern on Daily Structure Short

Australian Dollar/Canadian DollarFXCM

Description

Hey guys,
here we are on AUDCAD hourly chart. As you can see price has created 4/5 point of the Bat pattern. Now we're just waiting for its completion to come; the black line represents a previous level of daily structure, and that increases the chances we can get a reversal from there.
Stops above X, targets as usual in harmonic patterns.

If you have questions, or if you want to share your viewpoint, feel free to comment below.
Otherwise, see you in the next chart!

Trade active

Trade closed: stop reached

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