Potential Shorting opportunity AUDUSD
Hello Traders,
We have a potential shorting oppotuninity on the AUDUSD.
If price can pull into 0.7489 we have a bat pattern completion.
This presents a shorting opportunity, following the downtrend
In this price area we have previous support that may act as resistance.
Futhermore the Bat pattern completion is very close to the 0.7500 psychological level which may act as additional confluence.
I will be keeping an eye out for signs of overbought conditions or divergence.
Feel free to like, share, comment and follow
We have a potential shorting oppotuninity on the AUDUSD.
If price can pull into 0.7489 we have a bat pattern completion.
This presents a shorting opportunity, following the downtrend
In this price area we have previous support that may act as resistance.
Futhermore the Bat pattern completion is very close to the 0.7500 psychological level which may act as additional confluence.
I will be keeping an eye out for signs of overbought conditions or divergence.
Feel free to like, share, comment and follow
Order cancelled:
Exceeded c leg. Pattern invalidated