TradingView
lyl89
Dec 28, 2016 7:15 AM

AUDUSD - Bearish Bat Pattern Completed on H1 chart Short

Australian Dollar/U.S. DollarFXCM

Description

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.
More