tntsunrise
Short

GBPAUD 2618 AND BAT SET UP

FX:GBPAUD   British Pound/Australian Dollar
76 5 12
DOUBLE TOP AND 0.618 RETRACEMENT

FIRST TARGET 1.180141
2ND TARGET 1.7866
WHERE THE BAT COMPLETE
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What is 2618? Please elaborate.
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tntsunrise TOP Sandeep_Gupta
http://www.tradeempowered.com/2618-replay/
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I don't see a 2618 trade here based on Jason's rules. I thought the DB for the 2-618 had to have the right side come to at least the close of the left side. It could be a structure based short based on the LL LH, I at least don't see a 2-618 trade here.
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HIS RULE SAYING THE 2ND TOP CAN NOT VIOLATE THE FIRST TOP.
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ikunisawa tntsunrise
Thanks for the reply.Good to see others following Jason. Maybe just review minutes 23-28 in the 2618 video once more. To make it a valid DB/DT, 2nd HIGH must come to 1st CLOSE. It becomes invalid, IF 2nd CLOSE is above 1st HIGH.
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