nicklj

AUDUSD Long Bat Pattern 1hr

Long
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Entry at 0.886 Retracement of XA and targets at 0.5 of CD.
Comment: Resistance found at the entry-level. Price came whitin 2 pips of entry and reversed to almost hits targets. A breach of the previous high invalidates the trade for me, so I will be waiting to see how the market plays.
Order cancelled: Prices reversed 2 pips above entry-level and then broke previous structure.