FX:GBPAUD   British Pound / Australian Dollar

We might see a smaller Bearish bat pattern setup. We also have some nice Previous structure support and resistance at the dark blue line. The light gray rectangle box is just to show that we have got some Fibonacci Confluence at the D leg completion which gives us some more reason to get short at the D leg completion of the bat pattern .

I also uploaded a new video on my youtube channel explaining the patterns. You can have a look at it here

Stops above the X leg

TGT             1 0.382%
TGT2 0.618%
I'm eyeing the same points for the BAT and in between there existed a Gartley that hit both my targets. Good 1
ErrolMuller jabutheo1
Well done Jabu. Just watch out for the bigger Bearish gartley that is also setting up and are more visible on the 4Hour timeframe. I shared that one last night so just go through my profile and you will find it
jabutheo1 ErrolMuller
oh yes i saw that 1 too, it's so nice to see that there is someone out there that shares the same ideas as you do. Nice one on that one 2
+1 Reply
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