SamRavdandorj
Short

Potential Short Bat Pattern

FX:AUDUSD   Australischer Dollar/U.S. Dollar
Hey, we have got a potential bat pattern forming on the AUDUSD             , as we can clearly see it on the 4H chart, it is giving us an opportunity to short. I have tried to identify potential reversal zone which is highlighted by rectangle shape.

In terms of profit targets and stop losses, bear in mind that in longer time period it is been in downtrend, thus shorting means we re in trend direction which can give you aim for bigger targets. I ll be looking to take half of my profit at 38.2% fib lvl             and then let it ride. Of course if we get filled on this potential trade opportunity.
Stop losses go above X leg by 1xATR. Yours can be different as everyone has different risk appetite.

Thank you, Good luck with your trading in upcoming week.
Sam            
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Startseite Aktien-Screener Devisen Signal-Finder Kryptowährung Signal-Finder Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden