TomHall
Short

AUD.USD - Bearish Bat Setup @ Market

FX:AUDUSD   Australian Dollar / U.S. Dollar
On the AUD.USD 4H chart we have a potential short opportunity at the D leg completion of a bearish Bat setup.

The price reversal zone on this pair is between 0.7627 & 0.7646
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Potential targets for the Bat Setup placed at the .382% and .618% retracement of the A to D move.
There is also opportunity to look for extended targets at around 0.7357
Stop loss would be placed above X leg structure resistance .

Target 1 - 0.7503
Target 2 - 0.7427

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