AUDUSD Bat pattern completion at 0.8050 Short

Australian Dollar/U.S. DollarFXCM

Description

⋅ Aug 1, 2017 3:18 AM

The measurements shows a Bat completion at 0.8050
Let's wait for a reaction at that level before entry

Please note that RBA statement is at 12.30 (Singapore time)
The RBA is expected to hold the rates at 1.5%

Comment

⋅ Aug 2, 2017 2:21 AM

I closed off my long trade but did not manage to go short. I was focused on the 0.8050 level and it did not reach that for me to short.

Harmonic Patterns AUDUSD