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Marvin
Nov 8, 2015 4:07 PM

AUDUSD Bullish Bat pattern  Long

Australian Dollar/U.S. DollarFXCM

Description

Hi traders.
I've been away on holiday for a while, hence no ideas for some time.
Here we have a potential bullish bat pattern under formation on the H4.
I think the dollar still has some more positive momentum in it following Friday's big moves so I'm expecting price to come down to the D point. I'll be looking to get long around the 0.6980-90 region. This could be a huge move of ca 500 pips up to the 0.7500-50 level. All comments welcome and please hit that thumb button if you like this. Trade with care.
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