AUD/USD: Short with butterfly or bat...

Looking to short if the butterfly completes around the down trendline.
Sell order with tight SL or better yet, wait for confirmation...

If it breaks the trendline then we might be on the way to complete a bearish bat at a higher level...

Kommentar:

Cancelling the butterfly setup, since the timeframe is off now.
Possible short opportunity at 61.8% and trendline confluence, but only after confirmation.

Bat is still valid

Kommentar:

Updated idea on the bat (+ short at trendline still possible...):

Order storniert:

Bat fell short, reversed sharply at 0.786, which is Gartley PRZ... (0.558B was of course close to 0.6181 also), will keep this in mind for future setups.