Hi Guys,
Here we have a valid Bearish Bat on the AUDUSD - Daily. The bat completed and price has started to reverse. Price is also at the top of an ascending channel and there is a clear reversal candle on the daily.
Excellent 1:2 Risk to reward based on my entry point.
I have entered the trade and I am currently in a small profit. I will be monitoring this trade as the first take profit level is touching an uptrend.
Do let me know of any thoughts or questions.
Thank You!
Victoria
Here we have a valid Bearish Bat on the AUDUSD - Daily. The bat completed and price has started to reverse. Price is also at the top of an ascending channel and there is a clear reversal candle on the daily.
Excellent 1:2 Risk to reward based on my entry point.
I have entered the trade and I am currently in a small profit. I will be monitoring this trade as the first take profit level is touching an uptrend.
Do let me know of any thoughts or questions.
Thank You!
Victoria