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in Closed Trades - 03 Dec, 2012
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#AUDUSD short trade closed + 17 pips

Took a short trade this afternoon off a bearish bat harmonic pattern alert.

We had the extra confirmation of some divergence and a shooting star on the 15 min chart.

AUDUSD Harmonic Bat Pattern

AUDUSD Harmonic Bat Pattern

We took 1/2 profit around the b point of the pattern and moved stop loss to break even. A retracement occured and stopped us out on the second 1/2 of trade.

AUDUSD Trade

AUDUSD Trade