Australian Dollar / U.S. Dollar
Short
Updated

AUDUSD - Bearish Bat Pattern on H1 Chart

74
  • A very nice bat pattern might be completing in a few hours
  • PRZ at H1 resistance zone
  • RSI is about to reach overbought level
  • R:R at 1 (TP1) and 1.7 (TP2)


I might not be able to trade this pattern due to timezone difference.
For those who are awake, an idea for you to check out.
Short term trade, do monitor trade closely.
Note
Redrew and spotted a gartley pattern instead, looks like a retest of PRZ.
R:R not very desirable, traders may choose to avoid this trade.
snapshot

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.