TheTradersAvenue

AUDUSD > Bearish Harmonic Bat Pattern

Short
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Analysis of #AUDUSD


Another bearish harmonic bat pattern similar to the one in the previous analysis on USDJPY might complete near a strong supply zone where the market shows strong bearish momentum to the downside.

I will be extra careful here before entering short and look for a reversal pattern before entering a trade here as this structure has never been tested before and the market might go through it.


________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.

Thanks for your continued support!

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.