J_Graystone
Long

AUDUSD Long Opportunity in the form of a BAT

FX:AUDUSD   Australian Dollar/U.S. Dollar
1018 1 31
8 months ago
Following the break out to the upside in this market and the clean violation of previous resistance, we can see that there is a potential bullish Bat formation setting up down at 0.7416.
Normally I don't shoot ideas like this until the B leg has been penetrated but as I'm not going to be actively watching my charts all night, I thought I would share now.

There are quite a few potential Pattern formations setting up so we will see what tomorrows London Live Room session brings.

If you are interested in this style of trading or would like to see what it really takes to be independently, consistently profitable, then go over to http://tradeempowered.com/london-live-room/ and come into my live room for a week for FREE to watch me trade live.

http://tradeempowered.co.uk/
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8 months ago
Comment: Target 1 hit = 15 pips
Stops rolled to BE
8 months ago
Comment: Closed out position at a retest of structure for 50 Pips
Mark_Flint
8 months ago
Data dependent. Mine is not valid as my C is beyond B. Broker=LCG.
+1 Reply
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