Hey Traders,
Welcome back to our Trade Idea's and today the markets are setting up a Bat pattern in the AUDUSD H1 timeframe. This is a set up that we commonly trade here and that provides us a great RR with a high Win rate. As most of you know, Stops go above X leg which is where the pattern begins, and Targets could be anywhere from the 38.2 Retracement, all the way down to the A Leg Lowest Low.
Like always if you have any questions, comment below, follow us on social media !
Daniel Garnier - Founder of The Alcove Fx
thealcovefx.com
Follow us on Instagram: TheAlcoveFx
Follow us on Periscope: TheAlcoveFx
Follow us on Youtube: youtube.com/channel/UCmcUTRjA4YqOQdu_MAY1afg
Welcome back to our Trade Idea's and today the markets are setting up a Bat pattern in the AUDUSD H1 timeframe. This is a set up that we commonly trade here and that provides us a great RR with a high Win rate. As most of you know, Stops go above X leg which is where the pattern begins, and Targets could be anywhere from the 38.2 Retracement, all the way down to the A Leg Lowest Low.
Like always if you have any questions, comment below, follow us on social media !
Daniel Garnier - Founder of The Alcove Fx
thealcovefx.com
Follow us on Instagram: TheAlcoveFx
Follow us on Periscope: TheAlcoveFx
Follow us on Youtube: youtube.com/channel/UCmcUTRjA4YqOQdu_MAY1afg
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.