nicklj

AUDUSD Long Bat Pattern 1hr

Long
nicklj Updated   
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Entry at 0.886 Retracement of XA and targets at 0.5 of CD.
Comment:
Resistance found at the entry-level. Price came whitin 2 pips of entry and reversed to almost hits targets. A breach of the previous high invalidates the trade for me, so I will be waiting to see how the market plays.
Order cancelled:
Prices reversed 2 pips above entry-level and then broke previous structure.
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.