AUDUSD Trend Continuation Trade (TCT) Bat Pattern for Entry
AUDUSD has been in a heavy downtrend. Just keep selling the rallies.
I'm using the Bat Pattern for my Entry on this Trade. The Fib Inversion lines right up with Bat Entry. The Bat lines up with Structure on the 1hr Time Frame. I'm am going to assume that the RSI will be oversold once up there.
CTS score of 7. If we get any divergence on the RSI that will put us at a score of 8.
This trade will give us Massive Risk to Reward!
Best of Luck!
I'm using the Bat Pattern for my Entry on this Trade. The Fib Inversion lines right up with Bat Entry. The Bat lines up with Structure on the 1hr Time Frame. I'm am going to assume that the RSI will be oversold once up there.
CTS score of 7. If we get any divergence on the RSI that will put us at a score of 8.
This trade will give us Massive Risk to Reward!
Best of Luck!
Order cancelled
Missed my fill on this trade.. Price has rolled down to Target #1's so therefore I'm cancelling orders.
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Related publications
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.