TradingView
RaynLim
Jul 20, 2022 2:02 PM

GBPAUD - Bullish Bat Long

British Pound/Australian DollarFXCM

Description

A Bullish Bat setup is here for sideway, counter-trend, and harmonic pattern traders.

Two things to note, the market has not retraced to 1.7366 to validate the setup and Point C touches Point A candle body, which always bothers me.

Despite of that, what I like about this setup is its profit factor and the RSI Divergence.
More