Get started
KarYong

AUDUSD: Two setups in either direction

Australian Dollar / U.S. Dollar (FX:AUDUSD)  
KarYong Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD Bat Harmonic Patterns FXP structure
7
0
audusd batpattern harmonicpatterns fxp structure
We have two potential setups on AUDUSD. Should price retrace towards the 0.7207 region, we can potentially look for a short setup.

Should price continue to fall towards the 0.6985 region, we have a potential Bat pattern setting up.
Trade active:
Bearish Structure trade is currently active.
Comment:
Those who missed it, we have a double top divergence on H1 as well.

snapshot

Related Ideas

KarYong
GBPUSD: Divergence confluences!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.