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Andre_Cardoso
Aug 10, 2016 4:33 PM

(D) Bearish Patterns - Need it @Overbought Short

AUSTRALIAN DOLLAR / U.S. DOLLARICE

Description

FX:AUDUSD

I will miss this trade occasionally , but i prefer to wait for it at overbought RSI territory, and i can always get the train at lower degree correction (eventually)...



Safe Trades;

Comment

1st target
Comments
Zorrino0703
AB = CD is also true at 0.7742 . Entering short
Swerver
A Valid Bat requires the AB=CD, but if we are looking at trading the BAT, even though XAD and AB=CD has been hit, BCD hasn't and still requires a terminal bar to signal looking at the trade..
I don't see a Gartley here, for me anyway.
There is an emerging Butterfly that would complete at a nice round 80c (80.2)if the BAT fails to produce.





Other than that good luck!
Zorrino0703

clear explanation , thanks
papawinnie
nice setup lolz...!! ;)
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