reklaw

GBPAUD - Potential Bearish Bat

OANDA:GBPAUD   British Pound / Australian Dollar
Bat Pattern Elements:

• B point at a less than a 0.618 retracement of XA, preferably a distinct 50% or
38.2% retracement.
• BC projection must be at least 1.618.
• AB=CD pattern is usually extended.
• 0.886 XA retracement.
• C point with range between 0.382 and 0.886.


Harmonic Trading: Volume One

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