We have a potential Advanced Bat Formation forming on the hourly that comes in at a previous level of structure support that may now act as resistance.
I haven't done my top down analysis this morning yet, but if I remember correctly (as of yesterday) the only potential on AUDUSD would be a structure trade as we run into resistance
UnknownUnicorn101425
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I love Bat patterns, i´m waiting on this a well. I´ve had 4 of these turn on a dime within 2-3 pips on the PRZ this past 3 days. But sometimes news is a love hate relationship heh AUD been good to us this week good this week
Akil_Stokes
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Yeah aussie news in that thin asia session can be very dangerous
faisalhasnoon
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hi akil this is invalid pattern cuz the C point exceed the A point .. am i right?
Akil_Stokes
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yes if your C exceeds A then it is invalid
Akil_Stokes
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I does not on my data, but AUD data is where you see the biggest differences between brokers, so make sure you trade what you see
faisalhasnoon
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ok thanks akil i always trade what i see in trading view, thanks a lot
Any suggestion on AUD/USD?