Snehath

My plan for AUDUSD in Week 21

Snehath Diupdate   
FX:AUDUSD   Dollar Australia / Dollar AS
AUDUSD is on the downtrend so I am looking to short this wherever possible.

However there is a long alternate bat pattern coming at last week low of 0.7175 area. If this is triggered then we have a long trade for about 100 pips. This would like to a likely gartley pattern to short as shown in the chart.

Let's see how this pans out next week.
Order dibatalkan:
I didn't take this trade for 2 reasons.

1) The red line was pierced with a bearish bar that invalidated the pattern.

2) I posted an idea on NZDUSD which was in line with my analysis 2 weeks ago.

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