AUDUSD Trade Setup: Harmonic BandsA lot of traders aren't familiar with Harmonic Bands ; to be fair, they don't appear frequently.
Here's what I'm looking at:
AUDUSD H4 Chart:
- Short Entry: 0.6666
- Long Entry: 0.6600
Target on the opposite end.
What's your trade plan for AUDUSD? Share your thoughts and strategies in the comments below!
Happy trading!
Harmonicbands
Trade Ideas Position: EURJPY BatA bearish Bat setup on the 1-hourly chart and it is also the 4-hourly bullish bat final target, which I called it the harmonic range. As planned I have already shorted the market especially at this moment there is additional support on this.
Target2 is an extended target in this trend trading(daily timeframe) setup and a sideway market for the current setup.
Trade Ideas Educator: EURJPY BatLack of better term, for now, this setup will be known has harmonic range, it happens after a harmonic pattern, usually Bat Pattern or Gartley Pattern range between entry price and target2, it creates a support and resistance level and that enables me to engage the trade to long the when the candle settle at the blue line and short when the candle touches the red line.