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ARegularGuy

Bearish Bat on 4H Aussie/ Dollar

Singkat
Dolar Australia / Dolar A.S. (FX:AUDUSD)  
ARegularGuy  
FX:AUDUSD   Dolar Australia / Dolar A.S.
Bearish Bat downtrend aussie AUDUSD 618 Fibonacci Retracement Fibonacci Retracement shortsetup notsignal Pennant
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bearishbat downtrend aussie audusd 618fibonacciretracement fibonacciretracement shortsetup notsignal pennant
On the Weekly Chart, the pair almost seems to be making a Bear Pennant and has been in a significant downward trend. at the moment there is a Bearish Bat pattern! typically one might want to place stops above the pattern's entirety, but I like Risk/ Reward to be at least 1 risk/ 2 reward. There are 4 TP's each at signiciant Fib. Retrace levels of the AD leg. (Supposed to be CD But I like larger profits) :)
THIS IS NOT A SIGNAL!
Penafian

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