AUDCAD countetrend Bat formation
Updated
Hi traders,
I want to point out to you a bat formation that is at market at a previous daily structure level, i usually don't like to trade against the trend but in some cases the major structure in higher timeframe allows me to trade this kind of setups.
Notice that we are also near to a even handle number (1,0300).
My levels are:
Entry: at market
Stop Loss: 1,0308s
Target1: 1,0222s
Target2: 1,0183s
I want to point out to you a bat formation that is at market at a previous daily structure level, i usually don't like to trade against the trend but in some cases the major structure in higher timeframe allows me to trade this kind of setups.
Notice that we are also near to a even handle number (1,0300).
My levels are:
Entry: at market
Stop Loss: 1,0308s
Target1: 1,0222s
Target2: 1,0183s
Trade closed: target reached
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