2018Jun08 EURAUD H4 Bearish Bat

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There is a bearish bat for EURAUD. Upon confirmation of the bearish bias, I will go short. Stop loss is just above point X. The take profit targets are set at the 38.2 and 61.8 Fibonacci retracement levels of leg AD and point A. The trade details are as follows:

Trade Setup: Bearish Bat
Price Entry 1.55013
SL 1.55354 | SL pips 34.1
TP1 1.54148 | TP1 pips 86.5
TP2 1.53614 | TP2 pips 139.9
TP3 1.52749 | TP3 pips 226.4
RRR1 2.54 | RRR2 4.10 | RRR3 6.64

١٢ يونيو ٢٠١٨

ملاحظة

This setup is invalidated with a candlestick closing above 1.55013 (88.6 of XA). (June 8)