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nicklj
Feb 17, 2017 5:04 PM

AUDUSD Long Bat Pattern 1hr Long

AUD/USDOANDA

Description

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.
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