Completed Bullish Gartley + Potential Bearish Butterfly

FX:GBPAUD   British Pound / Australian Dollar
Hmm, There is 1 Bullish and 1 Bearish pattern in this pair. Looking at the pair, the Bullish Gartley has completely formed. Which Point D is around 88.6 Fib level of XA Leg. So a possible LONG Position maybe valid.

The Bearish Butterfly pattern is still in its early stage of developing... only when price move above / exceed 1.5883, only I will start considering on this pattern, if not, I will just take it as invalid.

Cheers !! Happy Trading...


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.