TomHall
Long

AUD.USD - BULLISH BAT SETUP - .7615

FX:AUDUSD   Australian Dollar / U.S. Dollar
On the AUD.USD 1hr chart we have a potential long opportunity's at the D leg completion of bullish Bat setup.

The price reversal zone on this pair is between .7615 & .7598
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Potential targets for the Bat setup placed at the .382% and .618% retracement of the A to D move.
There is also opportunity to look for extended targets at around .7737
Stop loss would be placed below X leg structure support .

Target 1 - .7670
Target 2 - .7704

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I am waiting price to come PRZ and check with RSI and go long . Thank you for nice setup
+1 Reply
Very similar my end, the more confluence the higher probability.
Reply
Agree...looking for a mild retrace to resume upward momentum and break upward.
+1 Reply
Let's see if Aussie can give us a solid entry point.
Reply
erm... nice, was looking at the same zone too.
+1 Reply
TomHall TOP JaysMart
Great work mate :-)
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