AUD/USD - H1 Chart - Bat Pattern
Here on the H1 chart of AUD/USD we have a nice Bat Pattern setup.
With the D leg completion at .7988 we have a nice reversal zone at previous support, thus giving us a great opportunity to place stops just underneath.
We must see a completion at D leg before any long entry is triggered.
- SL must go below X
- Target 1 at 38.2% retracement
- Target 2 at 61.8% retracement
Good luck.
Here on the H1 chart of AUD/USD we have a nice Bat Pattern setup.
With the D leg completion at .7988 we have a nice reversal zone at previous support, thus giving us a great opportunity to place stops just underneath.
We must see a completion at D leg before any long entry is triggered.
- SL must go below X
- Target 1 at 38.2% retracement
- Target 2 at 61.8% retracement
Good luck.