AUDUSD - Potential Bat Pattern on H4 Chart
Updated
A bullish bat may be completing soon.
R:R at 1.3 (TP1) and 2.1 (TP2).
Do set price alerts at PRZ if you do not have time to monitor.
R:R at 1.3 (TP1) and 2.1 (TP2).
Do set price alerts at PRZ if you do not have time to monitor.
Comment
Pattern has completed, do not do long yet, observe the next few hour candles or the next H4 candle to see any signs of reversal.Comment
It's fine to go long now or long after the current hour candle closes.RSI and price has shown reversal.
Trade closed manually
Trade closed with small loss, looks like it might be going much lower.Disclaimer
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