RaynLim

Trade Ideas Educator: AUDUSD Bat

Kort
FX:AUDUSD   Australiensisk dollar/USA-dollar
On the daily chart, the market has my favourite setup, a descending triangle, however, the sad news is that the RSI wasn't overbought which is important to me for that strategy of mine.

Hence, I will be waiting on the 4-hourly chart for a selling opportunity on a bearish bat completion. Given that it will then have an extreme break of the trendline of the descending triangle, however, if the market touch D price tomorrow and close back down within the red trendline, base on the daily chart the descending triangle will still be valid.

Of course, such movement is unlikely but is a good observation for tomorrow's market movement.

We believe that we should not slog our life away. Keep working to the minimum. How about 15mins a day?

Get into our 15mins workday community
discord.gg/AKDr9vPqH7

Live session & Trading Tips on the GO
www.tiktok.com/@raynlim
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.