Tradinglollmao

Possibility of Bat Pattern

Short
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Hi guys, I've spotted a possible bearish bat pattern on this pair on the daily chart.
The condition of the pattern is as follow:-
Leg XA - impluse leg
Leg AB - at least retracement 0.5 referring to leg XA
Leg BC - at least retracement 0.382 referring to leg AB or not close beyond A
Leg CD - Must be at 0.886 referring to leg XA

Stop loss - 1.13 fib extension referring to leg AX
Take profit - 0.382 (TP1) and 0.618 (TP2) referring to leg CD

What's your take for this setup?

Anyway, good trading guys!!!
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