TradingView
Daniel.Dalo
May 23, 2014 10:55 AM

AUDUSD multiple scenarios 

Australian Dollar/U.S. DollarFXCM

Description

Not sure about what price is going to do, so I draw the possibilities to be prepared.
Comments
Daniel.Dalo
Update for this chart:



Opportunities 1) and 3) got filled. The 1) was a reaction from the support zone and got us 42 pips or so. The 2) was the completion of the Bat pattern and got us around 15 pips. In the Bat pattern, we only needed a stop loss between 5 and 10 pips above X point to prevent us from getting stopped. So, a total of 57 pips on these two trades.

Sadly for me, I couldn't get on any of these trades, so I'm gonna be watching more carefully now haha :)
More