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UnknownUnicorn180388

AUD/USD - Bat Pattern.

Dollar Australia / Dollar AS (FX:AUDUSD)  
UnknownUnicorn180388  
FX:AUDUSD   Dollar Australia / Dollar AS
aussie aussiedollar USD (US Dollar) aud USD Bat advanced Harmonic Patterns Harmonic Patterns
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aussie aussiedollar usd-us-dollar aud usd batpattern advanced harmonicpatterns harmonicpatterns
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.
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