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MikulovicFOREX

GBPAUD: 15m

Long
British Pound / Australian Dollar (FX:GBPAUD)  
MikulovicFOREX Updated   
FX:GBPAUD   British Pound / Australian Dollar
Trend Analysis AB=CD Chart Patterns Technical Indicators GBPAUD gartley222 Double Bottom divergences rickshawman Doji
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trendanalysis abcdpattern chartpattern indicator gbpaud gartley222 doublebottom divergences rickshawman doji
''BUY MARKET ORDER''

Why buy??
  • True double bottom (Gartley '222')
  • Regular bullish divergences
  • Rickshaw Man (doji) candlestick pattern

Good luck to all trading GBP/AUD!!
Comment:
What is a true double bottom??????

From page 33 in the book Profitable Patterns for Stock Trading by Larry Pesavento, on bullish Gartley '222's;
''There will be a few instances where the AB=CD move will give a price objective at point X. This will be a true double bottom formation.

Just turning theory into practice.
God bless!
Comment:
That was fast! I do prefer to have it done with quickly rather than sit and hold onto the idea and end up marrying it! lol
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