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EUR/AUD - Bearish Bat
Euro / Australian Dollar
Short
EUR/AUD - Bearish Bat
By LewisGlasgow
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Aug 4, 2017
5
2
1
1
Aug 4, 2017
Hello traders, here we have EUR/AUD on the 1h chart with a potential bearish bat pattern.
All-round excellent opportunity with over 1:3 risk to reward.
The measurements for a valid bat pattern are detailed below.
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886
I'll be looking for additional confirmation before taking the trade!
Bat
Bearish Bat
Fibonacci
Harmonic Patterns
lewglasgow
lewisglasgow
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sixfigurecapital
LewisGlasgow
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