AUD/USD 3 Patterns

2016年2月19日

Very nice high probability setup here on AUD/USD as we get 3 advanced patterns completing roughly at the same level. Stop Loss dosent have to go below X of the large Bat because we have a completion of the Crab and Butterfly at this level as well and we know if the market goes further then the 1.618 of the crab and 1.414 of the butterfly the patterns are invalid. Here I am using the larger Bat as another additional confirmation tool for the reversal and am not looking to trade the Bat. I hope thats not to confusing for you guys :)