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GBPAUD Possible Long Trade Opportunity

Long
British Pound / Australian Dollar (FX:GBPAUD)  
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FX:GBPAUD   British Pound / Australian Dollar
Harmonic Patterns Chart Patterns Technical Indicators GBPAUD Fibonacci Retracement
2
4
harmonicpatterns chartpattern indicator gbpaud fibonacciretracement
Chart Timeframe: H4

Pattern: Bearish Butterfly

GBPAUD has completed bearish butterfly.

Possible target of the pattern is: 1.71800 – 1.71600 region

TRADE: LONG

ENTRY: H4 Closing above 1.71600 ( wait for the H4 Closing )

STOP: 1.71200

TP1: 1.72600

TP2: 1.73000

Good Luck
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