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Trader-Mick
Mar 10, 2016 1:31 PM

AUDUSD LONG SETUP ( BULLISH BAT ) Long

Australian Dollar/U.S. DollarFXCM

Description

Hey traders! we have an opportunity to grab this long @ 0.74239. Price action is trading above both the EMA's. Also we have previous structure zone where we might see the pattern completion. expecting another impulse to from.

Comment

gyazo.com/ca8304df9d3640fff25708eb6d2d4dc2
In my Mt4 I had a different case, I had B point exactly at 61.8 which made this bat into a Gartley and made me to enter at 78.6.
The First Target have already reached.

Trade closed: target reached

1st off

Trade closed: target reached

2nd targets off!
Comments
duke5
Awesome and thanks
Trader-Mick
Welcome!
ifty78692
Well done bro.
Xiaoyi419
Really good as always sir!
Trader-Mick
Thank you!
ifty78692
Any ideas about after the 2nd target? Loks like it wants to go higher to 0.76.
Trader-Mick
Not at the moment :)
bulent_akgul
If you replace yor X point to deep on the right, you will get better impulse and correct ratio for B.
Trader-Mick
According to my rules, I cannot place it anywhere else.
ubay
my position is not touched?
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