AUD/USD - 120 Chart - Bat Pattern
Here on the 120m chart of AUD/USD we have another nice Bat Pattern setup.
Being on the 1hr chart we are still around 100 pips away from completion, however it is more beneficial to be 1 step ahead at all times.
We must see a completion at D leg ( .7619 ) 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.
Here on the 120m chart of AUD/USD we have another nice Bat Pattern setup.
Being on the 1hr chart we are still around 100 pips away from completion, however it is more beneficial to be 1 step ahead at all times.
We must see a completion at D leg ( .7619 ) 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.