Crab pattern on 1 H. Bearish forming. AUD weaker bias (mid-term)

Short trade on 1 hour timeframe.
Bat pattern formed at an important area forming bearish momentum.
Zig zag peak point is reached and forming another bearish line.
RSI already in the downward momentum.

Trade details:
Entry: 0.98230 (Price need to brake the horizontal red line first)
TP: 0.97800
SL: 0.98600

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Zlecenie aktywne

Komentarz:

Changed the SL to 0.98700. Prices still floating longer than what we expected before going down.