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Deebh
Jun 4, 2016 5:12 PM

(4)H- AUDUSD - BEARISH BAT@88.6 & BEARISH SHARK@224 !! Short

Australian Dollar/U.S. DollarFXCM

Description

Asset :AUDUSD
Time Frame: 4Hours
Action: Short
Set Up: Bearish Bat, Bearish Shark & ABCD Pattern
As mentioned above, on the 4 hourly chart of AUDUSD we have a bearish bat completing @88.6 (0.73728) and bearish shark @224 extension (0.74047). We also have an ABCD pattern completing @161 ext (0.73937). Targets are on the charts. Stops will be above X. Look for lower time frame for best entries. Good Luck to all and trade with care.
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