TheForexSamurai

Short Trade on #EURAUD with APF

Short
OANDA:EURAUD   Euro / Australian Dollar
An opportunity to short on a Bearish Bat/Anti-Bat Pattern (APF) completion. TP, SL and Entry in the PRZ (w4c in LTF) as seen in the chart. Trade responsibly.

Legends:
Blue line: Aggressive entry order
Gray Zone: Potential Reversal Zone (PRZ) - zone of interest to look for a trade
Red dotted line: Stop-loss order
Red dash line: Setup point of ruin (POR) @ 1.13
Green line: Target profit order (TP1 @ 0.382/TP2 @ 0.618)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.