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TheTradersAvenue
May 17, 2022 5:41 AM

AUDUSD > Bearish Harmonic Bat Pattern Short

AUD/USDOANDA

Description

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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.


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Comments
jojofang0901
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nice analysis here thx
eymenagrax
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goood idea thanks for sharing
Serana2324
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Good idea
ForexTrendline
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Very likely to see a reaction at this level. Thanks for sharing!
YMGroup
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The best TA on TradingView which I saw today for aud.usd, good trading plan
TheSignalyst
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that's a strong supply indeed!
Solldy
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What a great idea! It remains to wait for the price to fix, and you can enter the position)
TheTradersAvenue
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@Solldy, thanks for your comment my friend
RLinda
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good view in the market. Thanks)
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