AUDUSD Potential Short Term Bearish Bat After Bullish a Bat
I identified this bullish bat earlier but honestly I got scared out of taking it since I saw so many posts about the breakout of AUDUSD. It is a reminder to stick to your own rules and plans! Targets for this pattern are the two upper green lines (no clue when I put the other green line there but it seems to be an interesting level lol).
Now there is potentially a small bat (red) forming. It completes past TP1 of the bullish Bat. Entry is the yellow line. Stop loss is the red line above it. Targets will be updated once the pattern completes but I will definitely consider just moving to breakevn and TP1 and holding for larger downside targets since there seems to be a lot of room down there.
What do you think?
Now there is potentially a small bat (red) forming. It completes past TP1 of the bullish Bat. Entry is the yellow line. Stop loss is the red line above it. Targets will be updated once the pattern completes but I will definitely consider just moving to breakevn and TP1 and holding for larger downside targets since there seems to be a lot of room down there.
What do you think?
