11021992
Short

AUDUSD bat pattern with trendline

FX:AUDUSD   Australian Dollar/U.S. Dollar
195 0 10
Hi traders,

On the daily AUDUSD             chart there is a potential bearish bat pattern forming. This pattern is completed around 0.776.
Entry: 0.776
Stop: 0.7895
Target 1: 0.75111 = R:RR 1.87
Target 2: 0.73596 = R:RR 3

Will keep this updated as time progresses.
Best of luck!
Order cancelled: Removing this entry for now. Will wait and see what the FOMC meeting brings.
Comment: Pattern still valid. Entry is back on.
Trade active
Comment: Target 1 hit. Moving the entry second position to 0.776.
The trendline between the swing low of May to the swing low of late July has been broken, so it's very likely to see some more bearish movement.
Comment: We hit the trendline again, let's see if price reverses again.
Analysing the EUR/USD and GBP/USD for this week at https://youtu.be/gUqlA8uSWzY

Interested in learning about harmonic patterns? PM me :)

Sponsor broker https://goo.gl/68jYzP
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out