AUDUSD - Daily - Bearish Bat

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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

Penafian

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