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KVE
Dec 9, 2015 2:48 AM

GBP/AUD: Possible advanced pattern, entry @ trendline re-test Short

BRITISH POUND / AUSTRALIAN DOLLARICE

Description

Price going up right now, possibly to re-test the broken trendline.

Short entries on chart, tight SL above the Gartley/Bat (depends on whether you count the spike at B or not) completion point.

Normal SL for trading the pattern should be above X.
Possible down trendline/channel resistance above justifies tight SL for me.

Target: ultimately the support trendline below (possibly @ the 2.0000 round level).

Trade closed: stop reached

Comments
KevinSinghDhaliwal
Looks good, on this one too :)
KVE
No good... Better luck next time!
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