Potentially great trade setup on AUD/USD
if the market manages to make a move into our "killzone". I am selling at the approximately 61.8 retracement of the larger move or the 88.6 of the more recent move which would make it a Bat Pattern
if we get a little retracement and then a move back up into the "killzone". Either way you look at it, this is a great trade setup with a R/R of 2.65 or higher depending on how aggressive or conservative you are with your stop loss placement. The 1.27% extension which is our profit taking level completes at the next support level
of 0.67910 for added comfort.
Always trade with samurai type precision and KISS (Keep it super simple)