AUDUSD Trend Continuation Trade with BULL Bat Pattern Formation

FX:AUDUSD   Australian Dollar / U.S. Dollar
1029 6
Looking at this pair for a bullish trend continuation move, we have this Bat Pattern Formation completing down at 0.7534 which will provide us with our first reason for entry into a long position.

We are at major support on the higher time frame so we could see some consolidation at this level which breeds these pattern formations.
See you all in the live room this morning.

Good luck in the markets this week.

Comment: Target 2 hit at 7780 = 242 Pips on Target 2
trendline seems perfect for the trade can u give me any ideas for trendline
+1 Reply
niceee! $$))
+1 Reply
nice jeason move up is very possible if we break below i will look forward to buy around 0.74
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GoodLuckbabe GoodLuckbabe
i was already expecting this correctice move down good luck
have that one on my radar as well .. but going for conventtional targets. See you later in the live room
+1 Reply
J_Graystone journeyofarookie2.0
Still in this!
+1 Reply
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