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tntsunrise
Aug 26, 2019 2:11 PM

AUDUSD Completed BAT pattern and we can buy Long

FX:AUDUSD240
Australian Dollar/U.S. DollarFXCM

Description

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AUDUSD Completed BAT pattern and
rally well

Now price already made a reversal
and we want to catch the next rally

Therefore we can buy audusd
TP1: 0.6820
TP2: 0.70
There is a yellow bearish pattern
Inline with the target

Comment

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Comment

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price made nice rally and break trend line
FibonacciBat
Comments
mark4build
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Do you think that the 2 more interest rate drops coming soon have been priced in to the market?
I can't see it myself, be more downward pressure on AUD.
pjmurray2010
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@mark4build, exactly what’s happening. The bat isn’t that important tis it.
pjmurray2010
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Not even considering fundamental data. People please don’t take trade ideas simply off patterns
robinhoood
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Touched the sl?
robinhoood
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Is this valid ??
Tradingstrategyguides
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Great Harmonic patterns, very educational.
Tradingstrategyguides
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@Tradingstrategyguides, Here is my short trem entry plan on this 4H AUDUSD -



MadButcherWA
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@Tradingstrategyguides, no point trading charts if you’re not looking at the fundamentals. Aussie dollar is going to get ripped very soon.
Tradingstrategyguides
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@Madbutcher, Thanks for your thought. Hopefully this pattern will trade both directions.
Djvngo
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good job boss !
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