TRADE: AUDUSD: BUY@0.69370 LONG 15M Bat

I don't normally trade in the 15M TF but I will take this trade because it is in confluence with the trade I posted earlier (see Related Ideas: "TRADE: AUDUSD: BUY@0.69170 LONG On Shark + Cypher").

This 15M POTENTIAL bearish bat would show prices heading back into the 70 cents level and also the LOWER trend line of the descending diagonal pattern which should provide some resistance before prices do break back up into and through the diagonal.

*DISCLAIMER:
Please keep in mind that I am not giving any trading signals or trade calls here. Only providing my own trade thoughts for your benefit and insight as to my trading technique and style. Please don't ask if you should or should not take the trade or ask for stop loss and take profit levels. Any SL or TP given on my trades are my own I have used for my trade and are not recommendations for you to use. If you are not sure, then you do not have a trading plan for yourself in place. I suggest you make one before you continue to do any trading!

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