Description
⋅ A potential bear bat forming on the H1 AUDUSD
Targets 1: 38.2 FIB A-D
Target 2: 61.8 FIB A-D
Trade active
⋅ Quite a clean formation of the bear bat pattern and hit target 1 with relative ease.
Move my SL on the rest of my position to break even and this is a risk free trade now with targets still at the 61.8 FIB
Trade closed: stop reached
⋅ Didn't quite make it to target 2 and the trade closed at breakeven for the rest of my position.