KevinKhuthadzoMuluvhu
Long

AUDUSD - Bullish Bat Developing (High Reward/Risk Pattern)

FX:AUDUSD   Australian Dollar/U.S. Dollar
39 0 2
6 months ago
Bullish Bat developing.
RSI in overbought territory
Waiting for potential downward move for pattern completion (Price action about to violate the trendline/price channel) to place Buy at around 0.7250 level
Stop placed at 0.72300
TP 1 - 0.72942
TP 2 - 0.73216

Structure supports the 0.72500 area - there was alot of resistance here, and this should most likely be support now.

Trade Safely.
6 months ago
Order cancelled: Pattern Completion failed... will keep you updated of further developments
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