ThomasJeff_DCM
Long

GBPAUD potential long on a Advanced Bat formation with trend

FX:GBPAUD   British Pound / Australian Dollar
Here we got a similar situation as we just posted on the EURGBP             a Bat formation on an even handle number 2,0700 for a potential continuation of the trend. Our setup is a little too high for a good structure confluence, and we are going onto heavy news, so watch out before you engage in this situation, it´s just an idea.

Kind Regards
Thomas Jeff
Trade active: Order moved to break even - Because of Yellen speaks in 45 min. The force could be strong in this one =D Good weekend
Trade closed: target reached
That is what I am expecting and if it does then we might have a H&S coming on.
+1 Reply
ThomasJeff_DCM SMMottershead
I think too, but i might depend on the RBA news today, but it´s what i am shooting for too. The only thing that might violate this setup is the structure resistance is a bit too low, but the pattern is the pattern. Kind Regards
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