Hey Traders,
Welcome back to our Trade Idea's and today the markets are setting up a Bat pattern in the AUDUSD H1 timeframe. This is a set up that we commonly trade here and that provides us a great RR with a high Win rate. As most of you know, Stops go above X leg which is where the pattern begins, and Targets could be anywhere from the 38.2 Retracement, all the way down to the A Leg Lowest Low.
Like always if you have any questions, comment below, follow us on social media !
Daniel Garnier - Founder of The Alcove Fx
www.thealcovefx.com
Follow us on Instagram: @thealcovefx
Follow us on Periscope: @thealcovefx
Follow us on Youtube: www.youtube.com/chan...UTRjA4YqOQdu_MAY1afg
Welcome back to our Trade Idea's and today the markets are setting up a Bat pattern in the AUDUSD H1 timeframe. This is a set up that we commonly trade here and that provides us a great RR with a high Win rate. As most of you know, Stops go above X leg which is where the pattern begins, and Targets could be anywhere from the 38.2 Retracement, all the way down to the A Leg Lowest Low.
Like always if you have any questions, comment below, follow us on social media !
Daniel Garnier - Founder of The Alcove Fx
www.thealcovefx.com
Follow us on Instagram: @thealcovefx
Follow us on Periscope: @thealcovefx
Follow us on Youtube: www.youtube.com/chan...UTRjA4YqOQdu_MAY1afg