#AUDUSD Bat Pattern Short Idea (Bat, Fib, Structure)

FX:AUDUSD   Australian Dollar / U.S. Dollar
@TradeYodha (

#AUDUSD Bat Pattern (Bat, Fib, Structure)

Lower confidence level as the area around B point itself can be a huge resistance area .

1. Bat Pattern
2. Previous structure retest
3. Round number 0.78000 in the lower zone
4. 200SMA is close to the zone
5. Daily Time Frame has 50SMA in the zone
6. Fibonacci cluster in the zone

Wait for confirmation in the zone

I would love to hear your opinion, feel free to agree or disagree in your comments.

Please give it a thumsup if it makes sense.

Update: Perfect entry
what do you think?
TradeYodha KevinSinghDhaliwal
there is possible daily support there. I would suggest to wait and take an entry only on confirmation on lower time frame
okay thanks
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out