AndyGodwin
Short

AUDUSD Sell Trade Setup

FX:AUDUSD   Australian Dollar/U.S. Dollar
52 0 2
This pair is in a bearish continuation pattern from a 618 retracement on the 4 hour, A Bearish engulfing candle on the weekly. It is also possibly process of completing a Harmonic Bat Pattern and in the corrective waves currently.
Look for a fib entry or support trend line breakout.

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AndyG
Trade closed manually: The Bat formation did not complete so i traded the breakout to the upside. Never argue with the market .

Learn market structure and you will better understand price behaviour.

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