GBPAUD: Potential 2618 & Bat Pattern

FX:GBPAUD   British Pound / Australian Dollar
A retrace into our previous level of structure would provide a bearish 2618 opportunity. This opportunity would also occur at the "C" leg of a potential Bullish bat pattern giving the trader the chance to extend 2nd targets and look to take profit/Stop & Reverse at the pattern completion.

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I just forget to thank for this goooood profit. Thank you very much Akil...
The 2618 played out nicely but watch out for "SHARP EDGES" on those patterns. Lol... There just might be something to it, as for now it doesn't change the way I currently trade patterns but keep an eye open for "Sharp Edges". Tongue and cheek of course ; )
+1 Reply
Missed the entry :(
But significant structure @ around 1.81 stopped the free fall, i think this was your first target right?
There is a bearish Gartley 30' and completes @1.8130, second chance? Maybe!
...nice full move opportunity Akil.
+1 Reply
Yeah that would be an awesome ride down if it occurs
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