On the daily AUDUSD chart there is a potential bearish bat pattern forming. This pattern is completed around 0.776. Entry: 0.776 Stop: 0.7895 Target 1: 0.75111 = R:RR 1.87 Target 2: 0.73596 = R:RR 3
Will keep this updated as time progresses. Best of luck!
Emir iptal
Removing this entry for now. Will wait and see what the FOMC meeting brings.
Not
Pattern still valid. Entry is back on.
İşlem aktif
Not
Target 1 hit. Moving the entry second position to 0.776. The trendline between the swing low of May to the swing low of late July has been broken, so it's very likely to see some more bearish movement.
Not
We hit the trendline again, let's see if price reverses again.
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