AUDUSD 60min Bearish Trend Continuation Trade (TCT) & Bat Patter
Updated
Here is a Bearish TCT setup on AUDUSD. I'm looking to get back in the direction of the overall trend which is bearish. There is also a POTENTIAL Bull Bat lurking down at the lower levels that we can keep our eye on.
I took this @ Market.
Stops - 1 ATR above last swing high
Target #1 - Retest of Previous Lows
Target #2 - 1.27% Fib Ext. This also lines up with a Potential ABCD Pattern.
I took this @ Market.
Stops - 1 ATR above last swing high
Target #1 - Retest of Previous Lows
Target #2 - 1.27% Fib Ext. This also lines up with a Potential ABCD Pattern.
Trade closed: stop reached
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