TerryHarmonicTrading

AUDUSD - Bullish bat or Bullish Alt-Bat?

شراء
FX:AUDUSD   دولار أسترالي/ دولار أمريكي
Hey guys, if you have been following my analysis, there is a trend you will see.

1. I always follow up on my analysis
2. It is systematic with a proven trading system which is Harmonics + Price Action

Observation

1. NFP failed to push AUDUSD to my short target around 0.7750.
2. It created a nice double top which also has a bearish divergence in RSI

Pattern identification

1. Bat pattern at 0.7560
2. Alt-Bat pattern at 0.7540

The way patterns play out, this pattern could complete at the 2 prices I listed.

Execution

1. Wait for price to come down and enter 1/2 my usual trading position at 0.7560 and 1/2 and 0.7540. (Risk 1/2 percentage each)

2. SL will be at 0.75 with profit targets still at my longer term short target 0.7750.

3. Great R:R trade for your consideration

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.