lyl89

AUDUSD - Bearish Bat Pattern Completed on H1 chart

Short
lyl89 Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Good timing on this pair, last hour price closed in the PRZ.
Current hour candle is showing retracement, similarly for RSI, a bearish divergence from overbought level.
AUDUSD has been declining, I will only be taking short positions.

I will be shorting if current candle is bearish at the end of this hour.

Trade active:
TP1 hit
Trade closed: target reached:
TP2 hit with 20 pips.
Short term trade = smaller profit target

Profits are locked in.
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