Trading_Jazz
Long

(D) Bearish Bat // 5 waves impulse // IF=THEN ®

FX:GBPAUD   British Pound/Australian Dollar
FX:GBPAUD            

Wait a test of previous structure after the breakout;

BAT:
Point B:
38.2% to 50% XA
Point C:
38.2% to 88.6% AB
Point D:
88.6% XA
Targets:
TP1 38.2% AD
TP2 61.8% AD

iMPULSE LEG:

Wave 2 = 61.8% of wave 1 (Prices usually do not retrace more than 61.8% of the wave one gains;
Can never exceed the start of wave 1);
wave 3 = 161% ext of wave 1 (can never be the shortest impulse wave);
wave 4 = 38.2% to 50% of wave 3 (can never overlap wave 1 );
wave 5 = wave 1

Safe Trades;
https://open.spotify.com/track/6EKuSD2ywTg5DlWqg9tcMo
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