EURAUD Trying to catch the reversal with a bat pattern.

Bat is completed at 1.6230 level and we see a possible trend shift at the same area.

We anticipate a move down to 1.61 level which will be our last target for this trade.

Thank you for your likes and comments, keep 'em coming.

Kommentera:

Still no confirmation candle, price is pushing last highs. The only chance is a stop run back to under 1.6250 level.

Kommentera:

Still no new highs. We are watching the red level to be broken downside. Then we may have a chance

Order avbruten:

Price failed to break the level we were watching. Patterns are invalid now, hence there is no motive left to short.

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