Bearish Bat Formation Short

Australian Dollar/U.S. DollarFXCM

Description

⋅ Jun 30, 2017 12:47 AM

Price has been playing out as expected (See previous post of AUDUSD)

Anticipating some resistance at 0.77 level
88.6 Fib level of Bat pattern
Weekly trend line

Anticipating some consolidation before

Waiting for a Daily reversal pattern