kschiangb6

Bearish Bat Forming On 4-Hour Chart of GBP/AUD

Short
FX:GBPAUD   British Pound / Australian Dollar
267 views
2
Spotted this Bearish Bat forming on the GBPAUD 4-Hour chart. The Potential Reversal Zone at Point D consist of several confluences of 3 Fibonacci ratios. Please read all about the details in my blog post here: http://simplychartpatterns.wordpress.com...

Comments

also watch the point were AB is equal to CD around 1.5475
Reply
nice one!

from the daily chart my target is about the same level of this point D (50% top to this bottom, often you can see a pullback or reversal around this level))

keep those charts comming!
Reply