EverythingForex

UPDATE #3: ANALYSIS: AUDUSD: BAT TP1 + TP2 Hit (+172 pips)

Long
FX_IDC:AUDUSD   Australischer Dollar/U.S. Dollar
This bat I posted in my previous posts have now hit both the TP1 and the TP2 for +172 pips gain. I will close 70% of all positions and let 30% ride with a trailing stop of 35 pips (20% of booked profits) to hopefully capture a few more pips on this wave 4 up.

I do expect a reversal back down soon though but then there should be more upside to go on this pair. I'll be releasing an updated analysis on AUDUSD soon to try to see where wave 4 will end.

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